117 E Summit ST Pending

Ann Arbor,MI 48104

$ 495000

- Bed

- Bath

1246 SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 1,246 sqft

Price per Sqft $397

MLS Listing ID 81025047672

Year Built 1901

Property Sub-Type MultiFamily

Property Description

Located in the heart of downtown Ann Arbor's desirable Kerrytown neighborhood, 117 E Summit Street presents an exceptional duplex opportunity close to the city's vibrant dining, shopping, and cultural attractions. This well-maintained property features two updated units, each offering modern comfort and strong rental potential.The first-floor unit includes 2 bedrooms, an updated kitchen, and a refreshed bathroom. It is currently leased through summer 2026 at $1,800 per month. The upper unit offers 1 bedroom with an updated kitchen and bathroom, leased at $1,200 per month. Both units include in-unit washer and dryer for added convenience.With current rents below market value, this property provides immediate income with the opportunity for increased returns in the future. Whether you are an investor looking to expand your portfolio or a buyer interested in downtown Ann Arbor living with rental income, this duplex is a rare find in one of the city's most desirable locations.Subject to tenant rights; all showing require a minimum of 24 hours notice to show.

Download HERD report at osi.a2.goc/herd, HES: 3

Location

State MI

County Washtenaw

Area Area04092Annarbor

Interior

Heating ForcedAir, NaturalGas

Laundry InUnit

Exterior

Parking Features Gravel

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected

View Y/N No

Building

Foundation MichiganBasement

Sewer PublicSewer

Water Public

Schools

School District Annarbor

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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