1016 Michigan Avenue
Ann Arbor, MI 48104

Sold 10/31/2017
  • 1,991
    sq.ft.
Multi-Family Home

Properties this well-located rarely reach market! University of Michigan Student Rental located approximately 3 blocks from Ross School of Business and Central Campus. Two blocks from Yost Ice Arena and the rapidly-growing University of Michigan Athletic Campus. Leased through 5/2018 at $5400/mo with tenants paying all utilities. Onsite parking for 6+ cars. Hardwood flooring throughout, with new Furnace and Central A/C installed in 2013. 2 Kitchens and Washer/Dryer. Always fully rented. Priced to sell at a 10.3x GRM. Works great as a Rental or to purchase for your University of Michigan Student.

Property Details
  • Ann Arbor
    school district
  • $10,823.00
    taxes
  • 1910
    built
  • 3251438
    MLS#
Parking spaces: 6
Lot acreage is: 0.15
Lot dimension is: 50x132
Lot zoned: R2A
Units in building(s): 1.00
Courtesy of:
Metro Property Services
Christopher Vessels

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Name Type GreatSchools
Rating
Distance
Burns Park Elementary School Elementary School / Public 8 0.32 mi.
Tappan Middle School Middle School / Public 9 1.05 mi.
Pioneer High School High School / Public 9 0.99 mi.
St. Francis of Assisi School * Pre-School, Elementary School, Middle School / Private N/A 1.11 mi.
Angell School * Elementary School / Public 9 0.62 mi.
Clonlara School * Elementary School, Middle School, High School / Private N/A 0.99 mi.
Address Distance Sale date Sale price
1016 Michigan Avenue 0 mi. 10/31/2017 $645,000
1205 East University Avenue 0.03 mi. 7/7/2017 $635,000
1005 Packard 0.04 mi. 2/1/2017 $645,000
1106 Michigan Avenue 0.04 mi. 9/11/2017 $539,000
1006 PACKARD 0.06 mi. 7/31/2017 $689,000
1121 Packard Street 0.13 mi. 4/26/2017 $700,000
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1016 Michigan Avenue, Ann Arbor, MI 48104 multi-family home was sold for $645,000.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.