$407,500

2004 3005 Ferdon/brockman Boulevard

Ann Arbor MI, 48104

Description

Very rare opportunity to buy an investment property in the popular So Pac area of Ann Arbor that is just outside of Burns Park and close enough to everything that Ann Arbor offers - but not too close! This investment is unique in that it offers a 3 bedroom 1 1/2 bath unit on the upper with an attached 1 stall garage and a 2 bedroom 1 bathroom unit on the lower with an attached one stall garage as well. The units have newer boilers, a great conditioned roof, wood floors in some areas, fresh painting throughout, private entrances, and private laundry in each unit as well as a huge corner lot in this popular area. The upper level unit is rented for $1,605.00 per month on a two year lease and the lower level unit is UNDER rented to a wonderful 23 year occupant at $1,080.00 per month on a one year lease for that investor that wants to get the rent up to the normal rate of $1,400.00 that it should be rented at. All utilities are paid by the tenants and the duplex has an active C of O so your only expense is lawn and snow care removal - don't miss out on this very rare opportunity!

Details

MLS#3275105
Listing TypeFor Sale
Sub-TypeResale
StatusContingent
Year1948
Days On Site16

Features

SQ Feet1,358
Units2
Building(s)1

Market Activity 48104

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Area Information
StateMI
CountyWashtenaw
CityAnn Arbor
Zip Code48104
AreaAA Briarwood & N to
Listing VS Median (in 48104)
Price:
$407,500
low | high
Med:
$399,900
51.865030674847% of Average
SqFt:
1,358
low | high
Med:
1,230
59.425625920471% of Average
$ / SqFt:
$300
low | high
Med:
$325
41.629402646494% of Average
On Site:
16
low | high
Med:
49.5
32.323232323232% of Average
Listing Updated: 08/08/2020
Rudy Acuna LogoMLS Number: 3275105
Listing Provided By:
Rudy Acuna  of  Howard Hanna
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Ann Arbor Area Association of Realtors® MLS.