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507 E Ann Street Ann Arbor, MI 48104-1457
4,256 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,256 sqft
Price per Sqft $810
Subdivision Mi
MLS Listing ID 70545355
Year Built 1901
Annual Tax Amount $20,451
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 46x104
Property Sub-Type Multi-Family
Property Description
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 nishes feature quartz countertops, custom cabinetry, and consistent high-end nishes throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
Location
State MI
County Washtenaw
Area Ann Arbor (81021)
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum
Building
Lot Description Sidewalks
Structure Type Aluminum
Schools
School District Ann Arbor Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Altitude Commercial Real Estat