528 S Fifth Avenue
Ann Arbor, MI 48104

Listing Price:
$565,000
Sold For:
$586,350
Sold Date:
Apr 15, 2020
528 S Fifth Avenue Ann Arbor, MI 48104

2,253

Square Feet
Estimate Finished Square Feet
2,253 Sq Ft Above Ground
An opportunity to purchase a turnkey investment property steps from UM Central Campus. This beautifully maintained and charming home has three apartments. 2,253 SF with two 2 bedroom/1 bath Units and one 1 bed/1 bath Unit. 2020-21 rent is $3710/month with tenants paying electricity and an annual laundry charge. Washer & dryer are at the adjacent property at 526 S. Fifth. Updated baths and kitchen, newer water heater and water service to the street. Parking for five cars behind the house, shared driveway with 526 S. Fifth. Certificate of Occupancy is current. This property is part of a four-property sale. The following three adjacent properties are also being offered: 521, 523,525 S. Fourth Ave (3 addresses on one property), 526 S Fifth Avenue. See attached aerial map and floor plan. MLS Numbers are 3271130, 3271128, 3271127, 3271125, 3271119. 
Details

Type

  • Income Property

Year Built

  • 1901

MLS#

  • 3271127

Lot Size

  • 0.11

Number Of Kitchens

  • 3

Number of Units

  • 3

Road Type

  • Public

Taxable Value

  • $7,713

State Equalized Value

  • $262,200

Community

Community - Ann Arbor Area

Ann Arbor, the hub of Washtenaw County, is the sixth largest city in Michigan.  A lively downtown and charming tree-lined neighborhoods make Ann Arbor an ideal place to live, work, and raise a family.

Known for academic excellence, Ann Arbor Public Schools District is consistently ranked one of the best in the country.  Ann Arbor is also home to the University of Michigan, Cleary University, Concordia University and Washtenaw Community College.

You will find a wonderful mix of city advantages and scenic beauty in Ann Arbor.  Nicknamed “Tree Town”, Ann Arbor has more than 2,000 acres of tree lined city parks.  Ann Arbor provides endless recreation opportunities including trails, golf courses, canoeing, tennis courts, athletic fields and more.  One of the most walkable communities in the country, Ann Arbor prides itself on being environmentally friendly with a progressive recycling program and conscious effort to preserve the city’s green space.

View Ann Arbor Neighborhood Videos
 

While surrounded by all of this natural beauty, you'll also find that Ann Arbor is less than an hour from the big city advantages Detroit, Michigan has to offer.  Detroit is home to the Detroit Symphony Orchestra, several museums, extraordinary shopping and professional sports team including the Detroit Lions, Pistons, Red Wings and Tigers.

Within a four-hour drive of Ann Arbor are Chicago and Toronto, or take a 25-minute trip to Detroit Metropolitan Airport and the world is at your feet.  Amtrak makes several stops daily in Ann Arbor, connecting passengers to over 450 locations across the country.

There is a very broad range of major employers countywide, many of them located in and near Ann Arbor.  The University of Michigan, the University of Michigan Health System, and the St. Joseph Mercy Health System are among the area's leading employers.  These opportunities allow many of the county's residents to work quite close to home; other residents commute less than an hour to greater Detroit or Lansing.

Whether it's life in a college town that you prefer, or the appeal of a small town conveniently located to a larger urban area, Ann Arbor and Washtenaw County has it all.  Come see why our home is well loved by so many!