Rare opportunity to acquire a fully renovated multifamily asset in the heart of the highly desirable Kerrytown district of Ann Arbor. Located at 507 E Ann Street, the property consists of 7 units with a total of 15 beds and 6 on-site parking spaces, offering a diverse unit mix that includes both one-bedroom apartments and larger multi-bedroom layouts. Extensive renovations have been completed throughout the property, including new plumbing, electrical, insulation, and storm windows, creating a turnkey investment opportunity with strong long-term appeal. Interior furnishings feature quartz countertops, custom cabinetry, and consistent high-end niches throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail shops, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
4,791.6 Sq Ft Lot Size
investment
$1,704 Monthly Tax
Built in 1901
MLS/Listing ID 81026035677
7 Units
Composition
Parking - Concrete
Community - Sidewalks
Construction - Aluminum Siding
Cooling - Central Air
Heating - Natural Gas
Heating - Forced Air
Laundry Room
In Unit Laundry
In Basement
Parking - Paved
TOTAL MONTHLY COST
$0
$0
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