MI > Ann Arbor
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
Ann Arbor, MI 48103,508 W Summit Street
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Paige + Brandon Corbalis

Paige + Brandon Corbalis

+1(574) 222-7086
$ 795,000
Est. payment | /mo

9,496 Sqft Lot

Save
$ 795,000
Est. payment | /mo
Save

9,496 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Ann Arbor

MLS Listing ID 25016569

Year Built 1901

Annual Tax Amount $18,744

Tax Year 2025

Lot Size 9,496 Sqft

Acres 0.22

Lot Dimensions 82 x 116

Property Sub-Type 5+ Units

Property Description

Perched atop a corner lot in the always desirable Water Hill, sits this 5 unit apartment building. With strong rents and virtually zero vacancy, this investment features not just location, but some big ticket updates- including a new roof (2022) and new laundry center (2024). All units are either studios or 1 bedroom and all have a full bathroom and kitchen. Driveway parking. Monthly rent roll is $5,835 with tenants paying utilities via bill back. A great investment opportunity.

Location

State MI

County Washtenaw

Area Ann Arbor/Washtenaw - A

Direction Summit at Spring.

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Laundry Common Area, In Basement, Laundry Room

Exterior

Utilities Available Cable Available, Cable Connected

View Y/N No

Street Surface Paved

Total Parking Spaces 4

Building

Lot Description Sidewalk

Structure Type Stucco

New Construction No

Schools

School District Ann Arbor

Others

Tax ID 09-09-20-301-002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by J Keller Properties, LLC

GET MORE INFORMATION

agent
Paige + Brandon Corbalis

Managing Broker/Owner

+1(574) 222-7086 | paige@brickbuiltre.com

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508 W Summit Street