509 Linden StAnn Arbor, MI 48104

Property Details for 509 Linden St

Property size (Sq ft)

927 SF

Property type

Dormitories

Property subtype

Student housing

Description

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.

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Latitude

42.276

Longitude

-83.7278

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