1506 Packard St
- Proximal to the University of Michigan & Downtown Ann Arbor
- Prime Burns Park location near Packard corridor
- R4C zoning – high-density residential / student housing
- Strong rental demand driven by U of M
- Walkable to retail, dining, and transit
Property Description
Introducing a prime investment opportunity in the Ann Arbor area! This distinguished property spans across 3,744 square feet and features 6 meticulously designed units. Zoned R4C, this building presents a lucrative prospect for multifamily/high-rise investors seeking to expand their portfolio in a sought-after location. Boasting a rich history and timeless architectural details, this well-maintained property offers a blend of character and modern convenience. With its strategic positioning in the vibrant Ann Arbor area, this property is primed to deliver exceptional value and enduring appeal for investors looking to capitalize on the thriving real estate market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,485,000 |
| No. of Units: | 6 |
| Year Built: | 1924 |
| Lot Size: | 0.19 Acres |
| Opportunity Zone: | No |
| Price per unit: | $247,500 |
| Property Website | Click Here |
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