Price Reduction - New Construction
Address
1214 Washtenaw Court, Ann Arbor, MI
Price
$ 4,399,900
Property Attributes
  • MLS#24010028
  • TypeMulti-Family
  • CountyWASHTENAW
  • CityAnn Arbor
  • AreaAnn Arbor
  • NeighborhoodAnn Arbor
  • Zip48104
  • Style2 to 4 Units
  • Year Built1910
  • Taxes$ 9436
  • Price$ 4,399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,356 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Location Location Location! This beautifully renovated 3-Unit 17-Bedroom University of Michigan Student Rental property is located directly across the street from University of Michigan's Central Campus in the heart of downtown Ann Arbor. Always fully rented with waiting list, this property boasts high-end finishes and all of the modern amenities expected in order to maximize revenue and significantly reduce owner expenses. Fully Furnished, with Granite Countertops, Stainless Steel appliances, High Efficiency HVAC, High Efficiency New Windows, High Efficiency Washer & Dryer in each unit. Low Maintenance Vinyl Siding, New Concrete Driveway and Walks, new Composite shingle roof. NFPA 13A Fire Suppression system. For Virtual Tour and Financials, please e-mail chvessels@gmail.com

Price History
3/1/2024 Listed $4,500,000
3/21/2024 3% - $4,399,900

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Natural Gas Connected,Electric Connect
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1910
Tenant Pays Electric,Water,Sewer,Gas
Property SubType 2 to 4 Units
Tax Year 2023
OwnerPays None
County Washtenaw
Operating Expense 49371.0
Insurance Expense 2480.0
New Construction Yes
Property Type Multi-Family
Attached Garage No
Status Active
Directions Located on Washtenaw Ct,between Geddes and Washtenaw. Near Church St.
City Ann Arbor
High School District Ann Arbor
Zoning Description R4C
Total Units 3
MLS Area Ann Arbor/Washtenaw - A
Lot Size Square Feet 4356.0
Waterfront Y/N No
Street Name Washtenaw
Land Lease Y/N No
Tax Annual Amount 9436.0
Lease Renewal Y/N No
MLS Area Minor Ann Arbor/Washtenaw - A
Additional Parcels Y/N No
Rent Control Y/N No
Virtual Tour https://my.matterport.com/show/?m=DxmYdLkmiSR
Days on Market 38
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 140175
MobileHomeRemainsYN No
Legal Description SE 45.5 FT OF NE 91 FT LOT 47 RANSOM S SMITHS ADDITION
Senior Community None

Interior Features

Basement Full
Total Fireplaces 1
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Court
Laundry Features In Unit
Electric On Property Y/N No

Exterior Features

Parking Features Concrete,Driveway
Lot Features Level,Adj to Public Land,Sidewalk
Total Parking 6.0
Lot Size Area 0.1
Number of Buildings 1
Spa No
Lot Dimensions 46x91
Lot Size Acres 0.1
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 48104

Price
AVG $2.6M
$4.4M
Taxes
AVG $26,803
$9,436
Visits
AVG 41
124
Data Provided by Inside Real Estate®
Year Built
AVG 1926
1910

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