417 W Liberty St
- 5,776 SF building
- Value add opportunity (rents are below market)
- 8 units and 12 parking spaces (with opportunity for 9th unit)
- Zoned R4C
- Prime location in Downtown Ann Arbor
- Ideal for student housing
Property Description
Introducing an exceptional investment opportunity in the heart of Downtown Ann Arbor, MI. This 5,776 SF multifamily property boasts 8 units, this property offers potential to enhance rental income, as current rates are currently below market levels. Built in 1962 and zoned R4C, this property is ideally suited for student and professional housing, offering 12 convenient parking spaces. The prime location ensures accessibility to key amenities and attractions. Don't miss out on the chance to acquire this promising mid-rise property nestled in a sought-after area, offering ample potential for growth and return on investment.
Broker Details
Altitude Commercial Real Estate 248-781-8076
MLS ID: aabrogeo103
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,000,000 |
| No. of Units: | 8 |
| Year Built: | 1962 |
| Lot Size: | 0.19 Acres |
| Opportunity Zone: | No |
| Price per unit: | $250,000 |
| Property Website | Click Here |
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