For sale

809 Henry Street
Ann Arbor, MI 48104

$1,490,000

Bathrooms
3
Finished sq ft
2,825
Lot
0.17 acres
Year built
1910
Property type
Business Opportunity
County
Washtenaw
Subdivision
Hamilton Roes
MLS #
26050449
Days on market
46

About this home

HUGE PRICE REDUCTION! Ready to move this property! Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms 3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short Term Rental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLER CENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property! Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Property has EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating Additional PARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City of Ann Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & has applied for a new Short Term Rental Permit which will be transferable to the new purchaser of 809 Henry L.L.C. Home Energy Score of 1. Download report at stream.a2gov.org