
Seller's Agent in 2023
Dan Gutfreund
Signature Sotheby's International Realty Bham
(248) 497-4646
1 in this area
252 Total Sales
Estimated Value: $1,530,000 - $2,119,000
Welcome to a unique investment opportunity in the heart of Downtown Ann Arbor – where history meets modern living. Presenting a converted church turned into 7 rental units, this property stands as a testament to innovative real estate.
Location is key, as this property is nestled within walking distance from the prestigious University of Michigan campus & the iconic Michigan Stadium; your investment is seamlessly integrated into the vibrant U of M neighborhoods. This prime location ensures a steady stream of tenants, particularly students looking for convenience & a touch of historic charm.
The 13-bedroom spaces divided into 7 units offer a diverse range of living spaces, catering to the various needs of your potential tenants. Units 101 & 102 boast 4 bedrooms each, a full kitchen, living room, in-unit laundry, and bathrooms, providing ample space for residents to study, relax, and call home.
Unit 103 presents a unique loft-style living experience, offering a distinctive charm and layout that sets it apart from the traditional units. It includes a full kitchen, full bathroom, loft area, and in-unit laundry.
The lower level of the property houses 4 studio/efficiency units, each with its own character and size. Unit 3, a larger studio, stands out with a private kitchen and bathroom, catering to individuals who prioritize independence and comfort. Units 1, 2, and 4 vary in size and contain a small kitchenette. The lower level also features a community bathroom serving units 1, 2, and 4, enhancing the property's convenience and communal atmosphere.
Whether your tenants are looking for spacious multi-bedroom units, a unique loft experience, or efficient studio living, this converted church property offers a living solution for everyone. Capitalize on the consistently high demand for student housing in Downtown Ann Arbor and make this historic yet modern investment property a cornerstone of your real estate portfolio. Act now and secure your place in the thriving Ann Arbor real estate market.
Last Agent to Sell the Property
Signature Sotheby's International Realty Bham License #6501367800 Listed on: 11/17/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Smiley James | -- | None Listed On Document | |
Smiley James | -- | None Listed On Document | |
Church Street Property Management Llc | -- | Ata National Title | |
Lampman Linda | $1,700,000 | Interstate Title |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/01/2023 12/01/23 | Sold | $1,700,000 | +0.1% | $487 / Sq Ft |
11/18/2023 11/18/23 | Pending | -- | -- | -- |
11/17/2023 11/17/23 | For Sale | $1,699,000 | -- | $487 / Sq Ft |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $16,300 | $480,400 | $0 | $0 |
2024 | $24,736 | $459,200 | $0 | $0 |
2023 | $12,645 | $388,300 | $0 | $0 |
2022 | $15,305 | $456,200 | $0 | $0 |
2021 | $14,873 | $453,200 | $0 | $0 |
2020 | $14,405 | $435,900 | $0 | $0 |
2019 | $13,740 | $457,300 | $457,300 | $0 |
2018 | $13,480 | $410,200 | $0 | $0 |
2017 | $13,004 | $379,100 | $0 | $0 |
2016 | $12,671 | $204,792 | $0 | $0 |
2015 | $12,151 | $204,180 | $0 | $0 |
2014 | $12,151 | $197,801 | $0 | $0 |
2013 | -- | $197,801 | $0 | $0 |
Seller's Agent in 2023
Dan Gutfreund
Signature Sotheby's International Realty Bham
(248) 497-4646
1 in this area
252 Total Sales
L
Buyer's Agent in 2023
Lisa Black
Savarino Properties Inc
(734) 260-2600
2 in this area
21 Total Sales
Source: Realcomp
MLS Number: 20230097271
APN: 09-33-235-021