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Jim Willis

jwillis@millerteamrealtors.com +1(810) 201-6924

$2,999,999

Est. payment - /mo

3 Baths

2,825 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,825 sqft

Price per Sqft $1,061

Subdivision Hamilton Roes

MLS Listing ID 81026050449

Year Built 1910

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms 3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short Term Rental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLER CENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property! Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Property has EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating Additional PARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City of Ann Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & has applied for a new Short Term Rental Permit which will be transferable to the new purchaser of 809 Henry L.L.C.

Location

State MI

County Washtenaw

Area Area04092Annarbor

Rooms

Basement Common Storage Locker

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Concrete, Paved

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Other

Building

Foundation Basement, Permanent

Sewer Public Sewer, Storm Drain

Water Public

New Construction No

Schools

School District Ann Arbor

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition AgentOwned, RealEstateOwned

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Listed by Bruce Maxson of The Charles Reinhart Company

Nearby School & Business

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Jim Willis

+1(810) 201-6924

Agent Brerms:274322

809 Henry ST Ann Arbor, MI 48104

Jim Willis

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information

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