415 Benjamin Street Pending

Ann Arbor,MI 48104

$ 2750000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Pending

Purchase Type For Sale

Municipality Ann Arbor

MLS Listing ID 24055485

Year Built 1966

Annual Tax Amount $28,831

Tax Year 2023

Lot Size 9,757 Sqft

Acres 0.22

Lot Dimensions 74 x 132

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/Washtenaw - A

Direction Main or State Streets to Hoover, then North on Division to Benjamin St.

Rooms

Basement Daylight,Slab

Interior

Heating Baseboard,Hot Water,Radiant

Cooling Wall Unit(s)

Fireplaces Number 1

Laundry Common Area,See Remarks

Exterior

Parking Features Asphalt,Driveway,Paved

Utilities Available Cable Available,Natural Gas Connected,Electricity Connected

View Y/N No

Roof Type Metal

Street Surface Paved

Total Parking Spaces 16

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Ann Arbor

Others

Tax ID 09-09-32-106-016

Acceptable Financing Cash,Conventional,Tax Def Exchange

Listing Terms Cash,Conventional,Tax Def Exchange

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