1108 Packard Street, Ann Arbor, MI 48104

Local realty services provided by:ERA Reardon Realty
1108 Packard Street,Ann Arbor, MI 48104
$1,440,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:christopher vessels
Office:metro property services
MLS#:25043367
Source:MI_GRAR

Price summary

  • Price:$1,440,000

About this home

Priced to sell! We are proud to present 1108 Packard, which is a fantastic 3 Unit 10 Bedroom University of Michigan Student Rental property only available for sale as a package with the property next door at 943 Dewey Ave. Priced for a quick sale at only a 11.5x GRM, this Property consists of 3 newly-renovated units, with stylish finishes, Stainless Steel Appliances, High Efficiency HVAC, Granite Countertops and High Efficiency Washer/Dryer. All Furnishings Included, and this package of amenities will ensure steady rental rate increases for your entire ownership of the property. Newly poured concrete parking area has space for 10-12 cars between the two properties, which allow for an additional $10-12k per year in future revenue. 1108 Packard has annual rental income of $125,100 for 2025-2026. Please contact me for more information or to schedule a showing. Will not last long!

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Home facts

  • Year built:1930
  • Listing ID #:25043367
  • Added:21 day(s) ago
  • Updated:September 16, 2025 at 03:07 PM

Structure and exterior

  • Year built:1930
  • Lot area:0.16 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,440,000
  • Tax amount:$16,869 (2024)