415 Benjamin Street $2,750,000

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    415 Benjamin Street Ann Arbor, MI 48104

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 24055485
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    Views: 7 Days On Site: 24

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    Property Details

    Rare Opportunity to own this 10-unit brick apt bldg adjacent to UofM's south/athletic campus. This property presents a lucrative opportunity for investors seeking long-term returns. The property has three 1-BR units and seven 2-BR units. Each unit features a full-size kitchen w/ dishwasher, gas range refrigerator, and air conditioning unit. Some units recently renovated. All furnishings are included in sale. Tenants pay electric. Owner pays gas & water. There is 1 parking spot assigned per unit, and up to 6 add'l spaces. On-site rented washer and dryer. Long-term tenants are common. Super easy to step right in. All units are fully rented through 8/21/2025. Current Certificate of Compliance good through 7/23/26. Boiler Inspection good through 4/15/27. Metal roof with 50 year warranty

    • General Features
      • Year Built 1966
      • Property Sub Type 5+ Units
      • County Or Parish Washtenaw
      • New Construction Y/N false
      • Tax Annual Amount 28831.56
    • Building Features
      • Cooling Wall Unit(s)
      • Cooling Yn true
      • Construction Materials Brick
      • Heating Baseboard, Hot Water, Radiant
      • Heating Y/N true
      • Number Of Units Total 10
      • Roof Metal
      • Bathrooms 0
      • Basement Daylight, Slab
      • Parking Total 16.0
    • Property Features
      • Road Surface Type Paved
      • Number Of Buildings 1
      • Lot Size Area 0.22
      • Lot Size Acres 0.22
      • Utilities Natural Gas Connected
      • Waterfront Y/N false
    • Schools
      • High School District Ann Arbor

    Neighborhood

    48104 (Ann Arbor) Demographics

    23 Median Age
    5,510 Population Density (per sq. mile)
    84% College Educated
    $55,597 Estimated Median Income
    6,293 Estimated Total Home Owners
    10,418 Estimated Total Renters
    38% / 62% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    44,219 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $456,000 Median Sales Price
    42 Homes Sold
    29 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,750,000
        11/3/2024 2:44:15 PM Status Changed Source: Multiple Listing Service New Value: Pending
        10/21/2024 9:44:00 PM New in Database Source: Multiple Listing Service New Value: $2,750,000

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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 11/14/2024 7:45:05 PM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.