510 S Fourth Ave

    Ann Arbor, MI 48104
    • $640,000
    • STATUS: Closed
    • ON SITE: 67 days
    • MLS #: 3263504
    Sold - 04/30/2019
    $640,000
    SOLD - 04/30/2019
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,050
      SQFT
    • $312
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1901
    County:

    School Information

    Elementary School:
    High School:
    School District:

    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.

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    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Ann Arbor. Data last updated: 2019-05-19T18:11:41.763.
    www.annarbormarketcenter.com/homes/92623847

    510 S Fourth Ave Ann Arbor, MI 48104

    • Price: $639,900
    • Status: Closed
    • Updated: 34 min ago
    • MLS #: 3263504
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,050
    SQFT
    $312
    $/SQFT
    1901
    Built
    Neighborhood:
    Aa Downtown/Burns Park
    County:
    Washtenaw
    Area:
    Aa Downtown/Burns Park
    Elementary School:
    Bach
    High School:
    Pioneer
    School District:
    Ann Arbor
    Property 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.
    Exterior Features

    Construction Block Foundation Crawl Lot Dimensions 40X66 Parking Spaces 2 Road Type Public

    Interior Features

    Basement Yes Basement Type WalkoutDaylight Kitchens 1 Laundry In Unit Num Efficiencies 0 Num One Bed Units 0 Num Three Bed Units 0 Num Two Bed Units 0 Sq Ft Finished Above Grade 2050 Sq Ft Finished Below Grade 2050 Sq Ft Total Finished 4100 Total Bedrooms 6 Unit Amenities Air ConditioningPatio(S)Balcony/DeckStorageCable TvWasher/DryerDishwasherFurnished

    Property Features

    Agreement Type Exclusive Rt To Sell Annual Rental Income Ann Arbor Mls Annual Rental Income1 54000.00 Certified Year 0 City Or Township City Exp From Tax Return 0.00 Legal Description Beginning At The Se Corner Of Lot 15B5sR4eAnn Arbor Land Company Addition To The City Of Ann A Misc Expenses 1000.00 Multifamily Subtype 1 - 4 Units Municipality Ann Arbor Other Middle School Slauson Ownership Private Owned Projected Or Actual Actual Sq Ft Above Source Tax Record Sq Ft Below Source Tax Record Square Footage Source Tax Record State Eq Value 211600 State Eq Value Year 2018 Summer Taxes 4696.00 Summer Taxes Year 2018 Tax Value 94680 Tax Value Year 2018 Tax Year 0 Taxes 6282.00 Tenant Pays HeatWater Terms CashConventional Winter Taxes 1354.00 Winter Taxes Year 2018 Zoning R4c

    Listing provided courtesy of Metro Property Services.


    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Ann Arbor. Data last updated: 2019-05-19T18:11:41.763.
     
    Keller Williams Ann Arbor
    2144 S. State Street
    Ann Arbor MI, 48104