About This Home
This 8-bedroom, 5-bathroom residential multi family at 500 Catherine Street in Ann Arbor, MI is listed for $1,350,000. Built in 1910, on a 0.10 acres lot.
Key Features
- Built in 1910
- 0.10 acre lot
- 8 parking spaces
Property Details
Amenities
Opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, the property consists of four residential units totaling eight beds, featuring a diverse unit mix of one one-bedroom unit, two two-bedroom units, and one three-bedroom unit.
The varied layouts provide broad tenant appeal and exibility for a range of renters, including students, young professionals, and downtown residents. Positioned just minutes from the University of Michigan and downtown Ann Arbor, the property benets from strong rental demand, walkability, and proximity to Kerrytown Market, restaurants, retail, and entertainment.
This is an attractive opportunity for investors seeking stable cash flow and long-term appreciation in one of Ann Arbor's most desirable rental submarkets. This property has a gross income of nearly $109,000
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
500 Catherine Street
Ann Arbor, MI 48104
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 8-bedroom, 5-bathroom residential multi family at 500 Catherine Street is listed at $1,350,000. The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1910, 0.10 acre lot, 8 parking spaces.
This property is listed by George Abro and can be reached at 2484047281.