About This Home
This 15-bedroom, 0-bathroom residential multi family at 507 E Ann Street in Ann Arbor, MI is listed for $3,450,000. Built in 1901, on a 0.11 acres lot.
Key Features
- Built in 1901
- 0.11 acre lot
- 6 parking spaces
Property Details
Amenities
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 nishes feature quartz countertops, custom cabinetry, and consistent high-end nishes throughout all units, providing a cohesive and modern tenant experience.
Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
Monthly Cost Estimate
$18,451/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
507 E Ann Street
Ann Arbor, MI 48104
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 15-bedroom, 0-bathroom residential multi family at 507 E Ann Street is listed at $3,450,000. The estimated monthly payment is $18,451 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1901, 0.11 acre lot, 6 parking spaces.
This property is listed by George Abro and can be reached at 2484047281.