Rare opportunity to acquire a fully renovated multifamily asset in the heart of the highly desirable Kerrytown district of Ann Arbor. Located at 507 E Ann Street, the property consists of 7 units with a total of 15 beds and 6 on-site parking spaces, offering a diverse unit mix that includes both one-bedroom apartments and larger multi-bedroom layouts. Extensive renovations have been completed throughout the property, including new plumbing, electrical, insulation, and storm windows, creating a turnkey investment opportunity with strong long-term appeal. Interior furnishings feature quartz countertops, custom cabinetry, and consistent high-end niches throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail shops, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
13 days
|
358
|
8
|
Zillow last checked:
Listing updated:
Listed by:
George Abro248-404-7281,
Altitude Commercial Real Estat248-781-8077
Source: MichRIC,MLS#: 26035677
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 7
Heating
Forced Air
Cooling
Central Air
Appliances
Laundry: In Basement, In Unit, Laundry Room
Features
Basement: Full
Property
Parking
Total spaces: 6
Parking features: Concrete, Driveway, Paved
Lot
Size: 4,791 Square Feet
Dimensions: 46 x 104
Features: Sidewalk
Details
Parcel number: 090929105004
Construction
Type & style
Home type: MultiFamily
Property subtype: 5+ Units
Materials
Aluminum Siding
Roof: Composition
Condition
New construction: No
Year built: 1901
Utilities & green energy
Sewer: Public Sewer
Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.