123 & 125 Adams Ave, Ann Arbor, MI 48104 - multi-family property
Detailed information about multi-family property which situated in Ann Arbor (48104) city, Michigan state on 123 & 125 Adams Ave.
Additional Information: Great investment opportunity. 1st time offered in 50 yrs (seller retiring, has owned all since the 60s). Adjacent well-maintained westside/ campus 4BR & 5BR rental homes offered together. Both rented for remainder of 2011-12 school year & re-rented for 2012-13. Updated kitchens, A/C, good roofs & furnaces, all appliance including washers/dryers. Good parking (street front plus rear alley). $1,750 & $2,230/ mo rents plus 2 large outbuildings accessed from alley at rear, rented for $950/mo & 1,250/mo. Tenants pay all utilities except water. Owner will provide new C.O.s and will warrant furnaces/roofs/appliances for 1 yr. Land contract terms available to qualified purchaser: 20% dn pmt, 30 year amort., 5 year balloon. Priced to sell at 7 GRM. Call listing agent for detailed proforma. Adjacent 7 houses also available.
Property Address: 123 & 125 Adams Ave, Ann Arbor MI 48104
Cost: $519,000- Building Info
- Buildings: 2
- Year Built: 1913
- Stories: 2
- Construction: Wood Siding
- Parking Type: Surface
- Details
- Zoning: R4C
- Rental Info
- Ideal Use: Duplex/Fourplex, Student Housing
- Status: For sale
- Sales Term: Cash to Seller, Owner Financing
- Price: $519,000
- Unit Price: $259,500 Per Unit
- Renters Information
NOTE: Please contact with Douglas L. Smith if you want to get more accurate details about pricing and availability of multi-family property For sale.
123 & 125 Adams Ave, Ann Arbor, MI 48104 multi-family For sale on GoogleMaps
multi-family property details
- Type: multi-family
- Address: 123 & 125 Adams Ave
- City: Ann Arbor
- State: MI
- County: Washtenaw
- Zip-Code: 48104
- Updated: 04/04/12
All information about multi-family property For sale that located on 123 & 125 Adams Ave, Ann Arbor, MI 48104 was obtained from reliable sources, but we cannot guarantee that all data about pricing, details of the building and property was completed without error or has not been changed without notice or withdrawal without notice. If you want to get complete and actual information, please contact with agents.
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