510 S Fourth Ave
Ann Arbor, MI 48104

Description

Fantastic Downtown Location Between Central Campus and Main St! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan Central Campus and One block from Main Street in Downtown Ann Arbor. Just up the street from Fingerle Lumber property which is currently being purchased by University of Michigan for eventual development. Rental properties in this neighborhood almost never reach market! 6 Large Bedrooms and 2 Bathrooms leased at $4500/mo through Fall 2020. Always fully rented, and downtown location will allow for significant rent increases in the coming years! New Kitchen with Granite Countertops and Cherrywood Cabinets. Central A/C and furnace. Residents pay all utilities. Property must be sold in conjunction with adjacent property at 200 Packard.

Details

MLS#3263504
Sub-TypeResale
StatusContingent
Year1901
Days On Site40

Features

SQ Feet2,050
Units1
Building(s)1

Market Activity 48104

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Area Information

StateMI
CountyWashtenaw
CityAnn Arbor
Zip Code48104
AreaAA Downtown/Burns Pa
Listing VS Median (in 48104)
Price:
$639,900
low | high
Med:
$385,000
89.83434911705% of Average
SqFt:
2,050
low | high
Med:
1,360
83.658536585366% of Average
$ / SqFt:
$312
low | high
Med:
$298
54.539402440686% of Average
On Site:
40
low | high
Med:
14
100% of Average
Listing Updated: 04/20/2019
MLS Number: 3263504
Listing Provided By:
Christopher Vessels  of  Metro Property Services
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Ann Arbor Area Association of Realtors® MLS.