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1136 Michigan Avenue
Ann Arbor, MI 48104
Asking Price
$850K
Asset Type
Student Housing Retail
Class
Class B
What's Special
Burns Park - Incredible Opportunity! <p><strong style="color: rgba(0, 0, 0, 1)">Unbelievable investment opportunity in Ann Arbor’s Burns Park! Just steps away from the University of Michigan campus and located on a quiet street with a large private yard perfect for entertaining, relaxing or even converted parking. Homes in this neighborhood rarely become available, and move quickly when they do. This incredibly well-maintained colonial feature 5 large bedrooms and 2 full bathrooms with a finished basement and attic! Perfect for stu
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965
