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Barb Lafage

barb@realtorsinmichigan.com +1(248) 619-4746

$1,350,000

Est. payment - /mo

2,446 SqFt

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,446 sqft

Price per Sqft $551

MLS Listing ID 81026035679

Year Built 1910

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type MultiFamily

Property Description

Rare opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, this property consists of four residential units totaling eight beds, featuring a diverse unit mix of 1- one-bedroom unit, 2- two-bedroom units, and 1- three-bedroom unit. The varied layouts provide broad tenant appeal and flexibility 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 benefits 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.

Location

State MI

County Washtenaw

Area Area04092Annarbor

Rooms

Basement Full

Interior

Heating Hot Water, Other Heating Fuel, Radiant

Cooling Window Unit(s)

Fireplace No

Laundry InBasement

Exterior

Parking Features Concrete

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Ann Arbor

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by George Abro of Altitude Commercial Real Estat

NEARBY SCHOOLS & PROPERTIES

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Barb Lafage

+1(248) 619-4746

Agent | License ID: 429252

Agent License ID: 429252

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500 Catherine ST Ann Arbor, MI 48104

Barb Lafage

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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500 Catherine ST