Two Prime UofM Student Rental Properties in One! Also known as 1032 Church St. $118,800 Gross Annual Revenue!
2-Unit University of Michigan Student Rental Property located steps from Central Campus directly in the midst of the most popular neighborhood for UofM Undergraduates. Unit 1 has a porch facing Prospect St and is fully renovated with 6 Bedrooms and 2 Bathrooms. Unit 2 has a porch facing Church St and is fully renovated with 6 Bedrooms and 2 Bathrooms. Entire property Leased through Fall 2022, with each unit leased at $4950/mo and residents paying all utilities($118,800 Gross Annual Revenue). Typically rents itself 10 months ahead of time with 3-5% rent increases each year. Onsite Parking for 7-8 Cars. High Efficiency Furnaces, High Efficiency Central A/C, Updated Windows, Granite Countertops, Cherrywood Cabinets and Hardwood flooring throughout. Washer and Dryer Included, along with Standard Furnishings. Plumbing and Electrical completely updat
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.