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Shelley Ghigo

Real Estate Specialist

  • Office 248-912-9801
  • Cell 734-735-3450
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200 Packard St, Ann Arbor, MI – $819,900

  • $820k Price
  • 2,498 Sqft
  • .11 Acres
  • $820k Price
  • 2,498 Sqft
  • .11 Acres

200 Packard St

Fantastic Downtown Location Between Central Campus and Main St! 2 Unit 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. Unit 1 is 6 Large Bedrooms and 2 Bathrooms leased at $4650/mo through Fall 2020. Unit 2 is a 1 Bedroom 1 Bathroom unit currently leased at $1190/mo. Always fully rented, and downtown location will allow for significant rent increases in the coming years! Onsite Parking for at least 8 cars. Residents pay all utilities, and this property has future development potential. Property must be sold in conjunction with adjacent property at 510 S Fourth Ave.

Essential Information

  • MLS® #543263502
  • Price$819,900
  • Bathrooms0.00
  • Total Sq. Ft2,498
  • Acres0.11
  • Year Built1901
  • TypeMultifamily
  • StatusContingent - Continue To Show

Community Information

  • Address200 Packard St
  • Area04092-Ann Arbor
  • CityAnn Arbor
  • CountyWashtenaw
  • StateMI
  • Zip Code48104

Amenities

  • Parking Spaces8

Interior

  • Interior FeaturesLaundry Facility

Exterior

  • FoundationBasement, Crawl

School Information

  • DistrictAnn Arbor

Listing Details

  • OfficeMetro Property Services
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