$1,100,000
1102 Packard Street
1102 Packard Street, Ann Arbor, MI
- bed
- 8bed
- bath
- 3.5bath
- sq ft
- 2,217sq ft
- acres
- 0.14acres
- / sq ft
- $496/ sq ft
- built
- 1910built
- car garage
- 2car garage
Listed by Christopher Vessels, Metro Property Services. Rennie Barton can represent you as the buyer on this property.
Overview
Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft. HERD score of 1, Download report at Ann Arbor herdmap
Property details
Basic information
- Property status
- For sale
- Property type
- Single Family Residence
- Year built
- 1910
- County
- Washtenaw County, Michigan
- Lot size
- 0.14 acres
- Assessed value (2025)
- $302,000 — the assessment, not the tax bill
- Price per sq ft
- $496
- MLS number
- 26047545
- Status
- Active
Interior
- Bedrooms
- 8
- Full baths
- 3
- Half baths
- 1
- Interior area
- 2,217 sq ft
- Broadband
Exterior & grounds
- Land
- 0.14 acres
- Garage
- 2 cars
Financial
- Association dues
- None
- Price history
- Arrives with the feed
What to ask about this one
Three questions worth putting to the listing side before you write anything. They are specific to this property, not a checklist.
- 01
Budget for a pre-1978 inspection — lead paint, knob-and-tube, and the roof
- 02
Ask what the taxable value uncaps to after the sale, not what the seller pays now
Location
Monthly payment
An estimate you can check, not a quote. Change any figure and the breakdown follows. Speak to a lender before you rely on it.
An assumption, not a rate you have been offered.
Empty until you have a quote — shoreline premiums vary widely.
$5,562
per month
- Principal & interest$5,562
- Property tax$0
- Home insurance$0
- Association dues$0
- Loan amount
- $880,000
- Total interest
- $1,122,391
- Paid off
- Nov 2056
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