Courtesy of Metro Property Services, Christopher Vessels

912 Mary Street, Ann Arbor, Michigan, 48104

$5,149,500
0.18 Acres
23 bd
#26022380
Fully Leased for 2026-27 with total scheduled revenue of $419,400! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus and the brand new Wolverine Village dorm. Fully renovated in 2024, property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and Granite Countertops to command top of market Rents. Low Maintenance Exterior, and High Efficiency Forced Air Furnace & A/C. All Furnishings included in the sale, with In-Unit Washer and Dryer. Beautiful front deck with Trex Decking, and 700sq/ft 2nd story rear deck for entertaining. .205 Acre lot with rear parking for 12+ cars. Planned future upzoning of the property would allow a potential Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and property is very popular with University of Michigan Athletes.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Aggregate, Driveway, Concrete
  • Parking Total: 12
  • Zoning Description : R4C
  • Cooling on Property:
  • Cooling: Central Air
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Vinyl Siding
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Full
  • Basement on Property:
  • Laundry Features : Laundry Room, In Kitchen, In Unit
PROPERTY DETAILS
ID: 26022380
Status: Active
Price: $5,149,500
Acres: 0.18 Acres
Price Per Acre: $28,608,333
Type: Multi-family
Address: 912 Mary Street
City, State: Ann Arbor, Michigan
County: Washtenaw
Zip Code: 48104
Lat/Long: 42.270565, -83.742103
Presented By: Christopher Vessels
Phone:
Email: Click to Contact