912 Mary Street, Ann Arbor, MI 48104

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List Price
$5,249,500
Price Change
▼ $45,500 1790365058
Days on Market
138
MLS#
26022380
Status
ACTIVE
Type
Multifamily

Property Description

Fully Leased for 2026-27 with total scheduled revenue of $419,400! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus and the brand new Wolverine Village dorm. Fully renovated in 2024, property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and Granite Countertops to command top of market Rents. Low Maintenance Exterior, and High Efficiency Forced Air Furnace & A/C. All Furnishings included in the sale, with In-Unit Washer and Dryer. Beautiful front deck with Trex Decking, and 700sq/ft 2nd story rear deck for entertaining. .205 Acre lot with rear parking for 12+ cars. Planned future upzoning of the property would allow a potential Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and property is very popular with University of Michigan Athletes.

Additional Information

Owner Pays
Sewer, Water
Taxes
$62,000
Acres
0.18
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Ann Arbor
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
12
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christopher Vessels from Listing Office: Metro Property Services.

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