Address
521 S Fourth Ave Ann Arbor, MI
Price
$ 1,575,000
Property Attributes
  • MLS#40028169
  • TypeMulti-Family
  • CountyWASHTENAW
  • CityAnn Arbor
  • AreaAnn Arbor
  • NeighborhoodAnn Arbor
  • Zip48104
  • Style
  • Year Built1915
  • Taxes20747
  • Price$ 1,575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4432
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
The Charles Reinhart Company
Property Description

Opportunity knocks two blocks from Central Campus. This single income property has three residences on one parcel and includes addresses 521 S. Fourth, 523 S. Fourth and 525 S. Fourth plus a detached garage. Meticulously maintained and cared for with current Certificates of Occupancy, these three homes contain a total of 14 bedrooms. 521 has 992 SF, 2 beds and 1 bath; 523 is 1714 SF, 6 beds and 2.1 baths; 525 is 1726 SF, 6 beds and 2 baths. All three houses have basements with laundry and all have AC. There are 6 parking spaces behind, a two car garage and plenty of street parking. Current rent is $9845 a month with room for growth. Tenants pay utilities and are responsible for trash. This property is part of a four-property sale. The following three adjacent properties are also being offered: 517 S. Fourth Ave, 526 and 528 S Fifth Avenue. See attached aerial map and floor plan. MLS Numbers are 3271130, 3271128, 3271127, 3271125, 3271119. NO SHOWINGS UNTIL 2-23

Elementary School Middle School High School
Bach Elementary School Slauson Middle School Pioneer High School
Price History
2/20/2020 Listed $1,575,000

General Features

Class MULTIFAMILY
Community Amenities Laundry Facility
Directions Packard to south on S Fourth Ave
Elementary School BACH
Financial Terms Cash
High School PIONEER
Legal Description LOT 4 B5S R5E ANN ARBOR LAND COMPANYS ADDN
Listing Area Ann Arbor (81021)
Middle School SLAUSON
Municipality Ann Arbor
Originating Mls Ann Arbor
Ownership Private
School District Ann Arbor Public Schools
Source Mls MI Real Source
Status Active
Status Active
Township Ann Arbor Charter Township
Type Multi-Family
Year Built 1915

Interior Features

Appliances Dishwasher, Dryer, Washer
Basement Full
Fireplace? No
Total Number of Units 3

Exterior Features

Exterior Other
Foundation Type Basement
Lot Dimensions A, 66 x 132
Lot Size Area 0.2
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48104

Price
AVG $1.09M
$1.58M
Taxes
AVG $16,725
$20,747
Visits
AVG 39
25
Year Built
AVG 1926
1915
Walkscore
AVG 77
92
Data Provided by Walkscore ® not using MLS data

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