Ann Arbor, MI 48104,117 E Summit Street
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$ 495,000
Est. payment /mo
Pending

117 E Summit Street Ann Arbor, MI 48104

2 Beds

3,484 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 81025047672

Bedrooms 2

Year Built 1901

Annual Tax Amount $9,651

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 66 x 50

Source Greater Metropolitan Association of REALTORS®

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.

Location

State MI

County Washtenaw

Area Ann Arbor

Zoning Multi-Family

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 2.0

Road Frontage Paved, Pub. Sidewalk

Garage no

Private Pool No

Building

Foundation Michigan Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Ann Arbor

Others

Pets Allowed Yes

Tax ID 090920411005

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Virtual Tour https://www.zillow.com/view-imx/157a28a8-916e-41f0-80b5-166312173edf?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard


Realcomp MLS
Listed by Trevor McIlwaine of Berkshire Hathaway HomeService
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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117 E Summit Street