1427 Broadway Street
Ann Arbor, MI 48105
#543291067
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. Ample Parking at both properties: Expand your portfolio w/this great opportunity to own 2 more prime locations. See agent remarks for limite
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Listing Courtesy
Listing Agent: Suzanne M Betz (#540000001216)
Listing Office: Real Estate One (#540000000620)
Listing Courtesy (Buyer)
Buyer's Agent: Michael Schmidt (#540471506924)
Buyer's Office: The Charles Reinhart Company (#540000000662)