MLS # 20261039117 (Realcomp)

Victorian charm brightening up Spring St. in the coveted Water Hill neighborhood! A rare opportunity to own a highly rentable duplex on this tree lined street, walkable to vibrant downtown Ann Arbor, the nearby charm of Kerrytown, U of M Hospital and the college campus. Excellent multi family investment opportunity with no shortage of tenants who line up for this property. The upstairs unit is under contract with occupancy starting in August and the lower unit has had the same tenant for years. Well maintained, this beautifully unique home boasts a new roof and relatively new appliances. Both units offer private entrances. The first floor unit has 2 bedrooms and a full bathroom. Stunning hardwoods are the primary flooring, and white exposed brick lightens the already bright and airy living area. The kitchen is expansive and offers another entrance into the home. The upstairs unit is partially furnished and equally bright and welcoming. Newer LVP flooring throughout with a large living room, open concept to the kitchen which is complete with a portable dishwasher. 2 good sized bedrooms, a large full bathroom with a bonus space off of it, potentially a dream walk in closet or extra storage space. Both units have access to their own washer and dryer and the large basement for storage needs. An unbeatable location in a neighborhood that does nothing but appreciate in one of the favorite Ann Arbor neighborhoods. If you are looking to expand your investment portfolio, stop here- you found it.
Source: SparkMLS
2-bath home in Water Hill in Ann Arbor built in 1901.
Asking $599,995.
Property tax estimate: $7,741 per year ($645/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
N 52.5 FT OF W 10 RDS LOT 5 BLK 11 HISCOCKS ADDN
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ron Yarbrough
Avera Realty
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
612 Spring Street, Ann Arbor, MI 48103
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Neighborhood
Water Hill
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Community
Ann Arbor
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County
Washtenaw County
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