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Jim Blehm

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

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233 Collingwood Dr , Ann Arbor, MI 48103
$705,000
Est. Payment: $1,566.67/mo
0 Bed
4 Bath
0 Sqft
Status: Active | Days on site: 6
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oa91010 - awurtzdon103
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House Description

Discover an exceptional investment opportunity in the heart of Ann Arbor. This well-maintained 4-unit multifamily property offers a turnkey solution for investors looking to capitalize on the thriving Ann Arbor rental market. With strong demand in the area, this property is currently fully occupied, providing immediate cash flow and enduring value for your portfolio. The building configuration features a versatile unit mix, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property has been well-cared for, highlighted by a newer roof that includes a transferable warranty, offering peace of mind for future ownership. Tenants will appreciate the convenience of the large, private parking lot in the rear, providing ample off-street parking—a highly sought-after amenity in the Ann Arbor area. Located in a prime location, this property offers proximity to the University of Michigan, downtown Ann Arbor's vibrant dining and entertainment scene.

Highlights

Listed by Donald Wurtzel , 734-649-0807 Cornerstone Real Estate , 734-316-5886.

Property Type

Multi-Family

Lot/Acreage
0.2

Year Built

1962

County

Washtenaw

School District

Ann Arbor

Listing ID

26045677

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:

Exterior Features

Garage Capacity:6
Roof:Other
Sewer:Public Sewer
Parking Features:Asphalt,Driveway
Principal Interest
$1,567
Taxes
$1,150

Home Price

$705,000

Loan Details

30 yrs
%

Down Payment

20%
$141,000
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:
$1,566.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,566.67 $1,150.17 $0.00 $2,716.83
Yearly $18,800.00 $13,802.00 $0.00 $32,602.00
Total $564,000.00 $414,060.00 $0.00 $978,060.00

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.