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$1,350,000
New Listing

500 Catherine Street
Ann Arbor City, MI 48104

For Sale|Multi Family|Active
8
Beds
0
Total Baths
2,446
SqFt
$552
/SqFt
1910
Built
County:
Washtenaw

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Opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, the property consists of four residential units totaling eight beds, featuring a diverse unit mix of one one-bedroom unit, two two-bedroom units, and one three-bedroom unit. The varied layouts provide broad tenant appeal and exibility for a range of renters, including students, young professionals, and downtown residents. Positioned just minutes from the University of Michigan and downtown Ann Arbor, the property benets from strong rental demand, walkability, and proximity to Kerrytown Market, restaurants, retail, and entertainment. This is an attractive opportunity for investors seeking stable cash flow and long-term appreciation in one of Ann Arbor's most desirable rental submarkets. This property has a gross income of nearly $109,000

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Listing Snapshot
Price 
$1,350,000
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
2,446 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1910
MLS® Number 
81026035679
Status 
Active
Property Tax 
$18,103
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1
Cross Street 
Division and Catherine
Disclosures 
Mineral Rights Excluded
Parking 
Concrete
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2446
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedSewer Available
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Window Unit(s)
Heating 
Hot WaterRadiant
Laundry Features 
In Basement
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Exterior Features
Construction Details 
Aluminum SidingBrick
Roof 
Composition
Community Features
Community Features 
Sidewalks
Financing Terms Available 
CashConventional
MLS Area 
Area04092AnnArbor
Roads 
Paved
School District 
AnnArbor
Schools
School District
AnnArbor
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Altitude Commercial Real Estat: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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