MLS # 26022525 (Michigan Regional Information Center (MichRIC))

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.
Source: SparkMLS
This 6-bedroom, 2-bath, 2,217 sq ft home built in 1910 sits in Walkable To University Of Michigan in Ann Arbor.
Asking $1,225,000 (about $553/sq ft).
Property tax estimate: $21,092 per year ($1,758/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOT 50 ASSESSORS PLAT NO 13
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Christopher Vessels
Metro Property Services
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1102 Packard Street, Ann Arbor, MI 48104
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Municipality
Walkable To University Of Michigan
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County
Washtenaw County
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