809 Henry Street, Ann Arbor, MI 48104
- $2,999,999
- 3
- BA
- List Price
- $2,999,999
- Days on Market
- 38
- MLS#
- 26050449
- Status
- ACTIVE
- Type
- Commercial
- Bathrooms
- 3
- Full-baths
- 3
Property Description
Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms 3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short Term Rental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLER CENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property! Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Property has EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating Additional PARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City of Ann Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & has applied for a new Short Term Rental Permit which will be transferable to the new purchaser of 809 Henry L.L.C. Home Energy Score of 1. Download report at stream.a2gov.org
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Additional Information
- Taxes
- $22,550
- Acres
- 0.17
- Heating
- Forced Air
- School District
- Ann Arbor
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Bruce Maxson from Listing Office: The Charles Reinhart Company.
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