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 updated. Property taxes are lower than comparable properties in the neighborhood. For more information or to schedule a showing, e-mail firstname.lastname@example.org.
|Listing Type||For Sale|
|Days On Site||167|