$1,890,000
Closed

1417 Broadway Street

Ann Arbor, MI 48105
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Opportunity to Own two Prime Real Estate Income Properties in Ann Arbor. 1417 Broadway and 1427 Broadway. These properties are being sold as a package. Each Home Has 8 Bedrooms (Duplex' w/2-four-bedroom 2 bath units) Each unit also has their own Private Coin Laundry. Large Kitchens w/ Microwaves/stoves/dishwashers/Refrigerators. Separate Dining Areas. All Units come furnished and are currently rented w/a combine Annual Rental Income of $156,000. Very Desirable location. Leased thru July 2023. Always rented. Never had a vacancy. 1417 Broadway was completely remodeled in 2007. (New Boiler, plumbing, electric, roof and major addition added) 1427 Broadway remodeled in 2001 w/similar new addition and all new mechanicals. This Property has a studio building out back w/electric and plumbing prepped for bath/kitchen...possible additional income. Also see MLS # 329067

Location

Timothy StinsonPremier Realtor | 248-933-0539