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3,637 sqft

$2,250,000

1104 Packard Street, Ann Arbor MI, 48104

Price per sqft$618.64
Built in1920
Property size3,637 sqft
Property typeMulti-family

Overview

Active

Updated 2 days ago

Location Location Location! Beautifully renovated 3 Unit University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. 14 Bedrooms and 7 Bathrooms total between all units, the property was fully renovated in 2023 with high end finishes and features throughout which will allow an Owner to continue increasing rents 3-5% each and every leasing cycle. Granite Countertops, Stainless Steel Appliances, Washer & Dryer in each unit, Central A/C. Vaulted Beds, Glass Top Desks, and Microfiber Couches included with the property, 2026-2027 scheduled revenue of $195,600. Property is scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft.

$14,969/mo

Est. mortgage payment based on a $2,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$33,624
Tax Frequency
Annually
New Construction
Yes

 

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Data last updated 4:03 AM UTC, 10/24/2026

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