Property photo 1
52 photos
ActiveMLS# 8102605044914 days on market

$2,999,999

809 Henry Street

Ann Arbor, MI 48104

0 BD|3 BA|2,825 SQFT|$1061.95/sqft

About This Property

Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms 3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short Term Rental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLER CENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property! Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Property has EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating Additional PARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City of Ann Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & has applied for a new Short Term Rental Permit which will be transferable to the new purchaser of 809 Henry L.L.C. Home Energy Score of 1. Download report at stream.a2gov.org

Features & Amenities

Basement

Property Details

Property TypeCommercial
Year Built1910
Lot Size7,405 sqft
Price / Sqft$1,061.95
Days on Market14
MLS Number81026050449

Eleanor Whitfield

Principal Broker

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Est. Monthly Payment

$18,045

P&I: $15,170 | Tax: $2,125 | Insurance: $750

$2,999,999
%
%
Loan Amount$2,399,999
Down Payment$600,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

809 Henry Street, Ann Arbor, MI 48104

Map view not available for this listing

Golden pipeline · build dev