MLS # 26035678 (Michigan Regional Information Center (MichRIC))

Excellent opportunity to acquire a well-located multifamily investment property in the heart of Ann Arbor. Located at 600 Catherine Street, the property consists of three residential units, nominally congured as two one-bedroom units and one two-bedroom, with two of the units offering oversized layouts that provide added exibility and strong tenant appeal. Positioned near the Kerrytown district and within close proximity to the University of Michigan, the property benets from consistent rental demand driven by students, professionals, and downtown residents alike. The property offers investors an opportunity to capitalize on a highly sought-after Ann Arbor location with long-term rental upside and strong occupancy potential.
Source: SparkMLS
Located in Downtown Ann Arbor in Ann Arbor, this property offers 3-bath, with original construction dating to 1910.
Currently offered at $1,100,000.
Estimated annual property tax: $22,312, or about $1,859 monthly. 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 8 MAYNARD & GRUNERS SUBDIVISION
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Old Fourth Ward Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Ann Arbor Historic District CommissionUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by George Abro
Altitude Commercial Real Estat
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
600 Catherine Street, Ann Arbor, MI 48104
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Municipality
Downtown Ann Arbor
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County
Washtenaw County
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