$1,600,000
For Sale

1401 Golden Avenue

Ann Arbor, MI 48104
Browse 27 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Don't miss your chance to own this well-maintained historic gem, located in the heart of Lower Burns Park, just walking distance to the University of Michigan campus and U of M Stadium. This charming property features 6 separate units, each with their own kitchen and bathroom, making it an investor's dream. The property boasts many updates, ensuring it's easy to rent with no vacancies. Currently managed by the reputable Baker Street Property Management, this investment offers peace of mind with 5 of the units leased until 2025. The corner lot provides ample street parking, including additional income potential from coin-operated laundry and game day parking. Enjoy the convenience of being in a prime location near Burns Park with easy access to all Ann Arbor has to offer.

  • Property Details
      • Lot DescriptionCorner Lot
    • Measurements
      • Acres0.2
  • Construction Details
      • Property TypeMulti-Family
      • BasementFull
    • Condition
      • Year Built1901
  • Utilities / Energy Details
      • Utility FeaturesWater Available, Electricity Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictAnn Arbor
      • CountyWashtenaw
  • Financial Details
      • Original List Price$1,900,000
      • Days on Market (Cumulative)73
  • Other
      • MLS #24034526

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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