507 E Ann St, Ann Arbor, MI 48104
- $3,199,000
- List Price
- $3,199,000
- MLS#
- 81026035677
- Status
- ACTIVE
Property Description
Rare opportunity to acquire a fully renovated multifamily asset in the heart of the highly desirable Kerrytown district of Ann Arbor. Located at 507 E Ann Street, the property consists of 7 units with a total of 15 beds and 6 on-site parking spaces, offering a diverse unit mix that includes both one-bedroom apartments and larger multi-bedroom layouts. Extensive renovations have been completed throughout the property, including new plumbing, electrical, insulation, and storm windows, creating a turnkey investment opportunity with strong long-term appeal. Interior furnishings feature quartz countertops, custom cabinetry, and consistent high-end niches throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail shops, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
Additional Information
- Year Built
- 1901
- Basement Type
- Full
- Acres
- 0.11
- Acres
- 0.11
- School District
- Ann Arbor
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
- Garage Description
- Paved, Paved
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Courtesy of Altitude Commercial Real Estat 2487818077
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