About 1108 Packard Street
Priced to sell! We are proud to present 1108 Packard, which is a fantastic 3 Unit 10 Bedroom University of Michigan Student Rental property only available for sale as a package with the property next door at 943 Dewey Ave. Priced for a quick sale at only a 11.5x GRM, this Property consists of 3 newly-renovated units, with stylish finishes, Stainless Steel Appliances, High Efficiency HVAC, Granite Countertops and High Efficiency Washer/Dryer. All Furnishings Included, and this package of amenities will ensure steady rental rate increases for your entire ownership of the property. Newly poured concrete parking area has space for 10-12 cars between the two properties, which allow for an additional $10-12k per year in future revenue. 1108 Packard has annual rental income of $125,100 for 2025-2026. Please contact me for more information or to schedule a showing. Will not last long!
Features of 1108 Packard Street
| MLS® # | 81025043367 |
|---|---|
| Price | $1,440,000 |
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 1930 |
| Type | Multifamily |
| Status | Pending |
Community Information
| Address | 1108 Packard Street |
|---|---|
| Area | 04092 - Ann Arbor |
| City | Ann Arbor city |
| County | Washtenaw |
| State | Michigan |
| Zip Code | 48104 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Parking | Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Block, Vinyl Siding |
|---|
School Information
| District | Ann Arbor |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Metro Property Services |
|---|---|
| Contact Info | chvessels@gmail.com |