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)
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