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415 Benjamin Street Ann Arbor, MI 48104
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Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70437930
Sold Date 01/03/25
Year Built 1966
Annual Tax Amount $28,831
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 74 x 132
Property Sub-Type Multi-Family
Property Description
Rare Opportunity to own this 10-unit brick apt bldg adjacent to UofM's south/athletic campus. This property presents a lucrative opportunity for investors seeking long-term returns. The property has three 1-BR units and seven 2-BR units. Each unit features a full-size kitchen w/ dishwasher, gas range refrigerator, and air conditioning unit. Some units recently renovated. All furnishings are included in sale. Tenants pay electric. Owner pays gas & water. There is 1 parking spot assigned per unit, and up to 6 add'l spaces. On-site rented washer and dryer. Long-term tenants are common. Super easy to step right in. All units are fully rented through 8/21/2025. Current Certificate of Compliance good through 7/23/26. Boiler Inspection good through 4/15/27. Metal roof with 50 year warranty
Location
State MI
County Washtenaw
Area Ann Arbor (81021)
Rooms
Basement Egress/Daylight Windows
Interior
Heating Baseboard, Hot Water, Radiant
Exterior
Exterior Feature Brick
Building
Foundation Slab
Water Public Water
Structure Type Brick
Schools
School District Ann Arbor Public Schools
Others
Energy Description Natural Gas
Acceptable Financing Other
Listing Terms Other
Financing Cash,Conventional,Exchange/Trade
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