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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1102 Packard St , Ann Arbor, MI 48104
$1,132,500
Est. Payment: $2,516.67/mo
8 Bed
4 Bath
2217 Sqft
Status: Active | Days on site: 6
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oa1170 - avessechr103
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft. HERD score of 1, Download report at Ann Arbor herdmap
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Highlights

Listed by Christopher Vessels , 734-649-2409 Metro Property Services , 734-668-6686.

Property Type

Residential
Lot/Acreage
0.14

Year Built

1910

County

Washtenaw

 School District

Ann Arbor

Listing ID

26047545

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Wood
Basement:Walk-Out Access
Other:
  • ▪ Additional:Broadband
Water:Public

Exterior Features

Roof:Composition
Sewer:Public
Parking Features:Detached
Principal Interest
$2,517
Taxes
$1,584

Home Price

$1,132,500

Loan Details

30 yrs
%

Down Payment

20%
$226,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,516.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,516.67 $1,583.75 $0.00 $4,100.42
Yearly $30,200.00 $19,005.00 $0.00 $49,205.00
Total $906,000.00 $570,150.00 $0.00 $1,476,150.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ann Arbor, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.