233 Collingwood Dr, Ann Arbor, MI 48103

$705,000

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List Price
$705,000
MLS#
81026045677
Status
ACTIVE

Property Description

Discover an exceptional investment opportunity in the heart of Ann Arbor. This well-maintained 4-unit multifamily property offers a turnkey solution for investors looking to capitalize on the thriving Ann Arbor rental market. With strong demand in the area, this property is currently fully occupied, providing immediate cash flow and enduring value for your portfolio. The building configuration features a versatile unit mix, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property has been well-cared for, highlighted by a newer roof that includes a transferable warranty, offering peace of mind for future ownership. Tenants will appreciate the convenience of the large, private parking lot in the rear, providing ample off-street parking--a highly sought-after amenity in the Ann Arbor area. Located in a prime location, this property offers proximity to the University of Michigan, downtown Ann Arbor's vibrant dining and entertainment scene.

Additional Information

Year Built
1962
Acres
0.20
Acres
0.20
School District
Ann Arbor
Cooling
Central Air
Heating
Forced Air, Natural Gas
Garage Description
Asphalt

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Courtesy of Cornerstone Real Estate 7343165886

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