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$ 705,000
Est. payment /mo
Active
233 Collingwood Drive Ann Arbor, MI 48103-3880
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70555339
Year Built 1962
Annual Tax Amount $13,802
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 75x117
Property Sub-Type Multi-Family
Property Description
Discover an exceptional investment opportunity in the heart of Ann Arbor. This well-maintained 4-unit multifamily property offers a turnkey solution for investors looking to capitalize on the thriving Ann Arbor rental market. With strong demand in the area, this property is currently fully occupied, providing immediate cash flow and enduring value for your portfolio. The building configuration features a versatile unit mix, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property has been well-cared for, highlighted by a newer roof that includes a transferable warranty, offering peace of mind for future ownership. Tenants will appreciate the convenience of the large, private parking lot in the rear, providing ample off-street parking--a highly sought-after amenity in the Ann Arbor area. Located in a prime location, this property offers proximity to the University of Michigan, downtown Ann Arbor's vibrant dining and entertainment scene.
Location
State MI
County Washtenaw
Area Ann Arbor (81021)
Rooms
Basement Other
Interior
Heating Forced Air
Exterior
Exterior Feature Brick
Building
Foundation Basement
Structure Type Brick
Schools
School District Ann Arbor Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional

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Listed by Cornerstone Real Estate
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