For Sale
$785,000

509 Linden St Ann Arbor, MI 48104

Prime Ann Arbor location, 4-bed unit.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a 927 square foot, single-unit apartment building ideally situated at 509 Linden Street in Ann Arbor, Michigan. The property, zoned R4C, sits on a 4,356 square foot lot (APN: 09-09-28-413-003) and boasts four bedrooms and 2.5 bathrooms. Its location in Ann Arbor's vibrant student rental market, near the University of Michigan, ensures consistent demand and rental income potential. The building is well-maintained, contributing to a positive tenant experience and attracting multiple student inquiries annually. This translates to consistent annual rental increases, making it an attractive investment for those seeking a stable and appreciating asset in a high-demand area. The property's single-unit configuration simplifies management, while its prime location offers easy access to local amenities and the broader Ann Arbor community. This is a rare opportunity to acquire a well-positioned multifamily property in one of the nation's top student rental markets. The asking price for this turnkey investment is $785,000.

Highlights

  • Prime student rental near the University of Michigan.
  • Exceptional location in a top US student rental market.
  • Consistent annual rental income growth.
  • High demand with multiple student inquiries yearly.
  • Well-maintained property for optimal tenant experience.
  • Single-unit, four-bedroom, 2.5-bathroom building.

Property Details for 509 Linden St

Property type
Dormitories, Student housing
Square Feet
927 SF
Buildings
1
Units
1

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2760255
Longitude
-83.7278232
509 Linden St, Ann Arbor, Michigan

FAQs

What type of property is this?
Dormitory - Prime Ann Arbor location, 4-bed unit.
Where is the dormitory located?
The property is located at 509 Linden St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Prime student rental near the University of Michigan.; Exceptional location in a top US student rental market.; Consistent annual rental income growth.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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509 Linden St
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