809 Henry Street, Ann Arbor, Michigan
$2,999,999
3
Baths
0.17
Acres
About 809 Henry Street
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
Features of 809 Henry Street
| MLS® # | 81026050449 |
|---|---|
| Price | $2,999,999 |
| Bathrooms | 3.00 |
| Acres | 0.17 |
| Year Built | 1910 |
| Type | Business Opportunity |
| Status | Active |
Community Information
| Address | 809 Henry Street |
|---|---|
| Area | 04092 - Ann Arbor |
| Subdivision | HAMILTON ROES |
| City | Ann Arbor |
| County | Washtenaw |
| State | Michigan |
| Zip Code | 48104 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available |
|---|---|
| Parking | Concrete, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Construction | Frame, Vinyl Siding, Wood Siding |
|---|---|
| Foundation | Basement, Permanent |
School Information
| District | Ann Arbor |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | The Charles Reinhart Company |
|---|---|
| Contact Info | BMaxson@ReinhartRealtors.com |