Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
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Luke Boyea

Luke Boyea

Motus Real Estate brokered by Real Brokerage

+1(231) 818-9328
$ 775,000
Est. payment | /mo

5 Beds

9,583 Sqft Lot


Save
$ 775,000
Est. payment | /mo
Save

5 Beds

9,583 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025016569

Bedrooms 5

Year Built 1901

Annual Tax Amount $18,744

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 82 x 116

Source Greater Metropolitan Association of REALTORS®

Property Description

Perched atop a corner lot in the always desirable Water Hill, sits this 5 unit apartment building. With strong rents and virtually zero vacancy, this investment features not just location, but some big ticket updates- including a new roof (2022) and new laundry center (2024). All units are either studios or 1 bedroom and all have a full bathroom and kitchen. Driveway parking. Monthly rent roll is $6,035 with tenants paying utilities via bill back. A great investment opportunity.

Location

State MI

County Washtenaw

Area Ann Arbor

Zoning Residential

Direction Summit at Spring.

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 4.0

Road Frontage Paved, Pub. Sidewalk

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Stucco

Schools

School District Ann Arbor

Others

Pets Allowed Yes

Tax ID 090920301002

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
Listed by Jonathon Keller of J Keller Properties, LLC

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agent
Luke Boyea

Agent | License ID: 404566

+1(231) 818-9328

164 Indusco Ct., Troy, MI, 48083

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508 W Summit Street