$544,000
$550,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
1224 Prospect Street Ann Arbor, MI 48104
5 Beds
2 Baths
1,544 SqFt
Key Details
Sold Price $544,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,544 sqft
Price per Sqft $352
Subdivision Millers Add - Ann Arbor
MLS Listing ID 23121950
Style Colonial
Bedrooms 5
Full Baths 2
Year Built 1912
Annual Tax Amount $8,120
Tax Year 2021
Lot Size 6,534 Sqft
Property Sub-Type Single Family Residence
Property Description
Burns Park/Campus location! Just over 2 blocks to the University of Michigan's main campus and to Burns Park, this owner occupied 5 bedroom house is a prime opportunity. With a little work, this home could be awesome for someone working at the Law school, Ross Business school, or anywhere on UM's Main or Athletic Campuses. Likely hardwood floors under carpet on the main level. Bull's eye trim. Living room, Dining room, Kitchen plus 2 rooms on first floor gives plenty of space for an awesome kitchen remodel plus a den or home office. 3 rooms on the second floor plus the full bath could make an awesome primary suite + + . For investors, the potential is there to renovate this property into an asset making $50k or more a year. The property had previously been approved by the City for 5 occupa occupants. Large lot with 2 car garage gives plenty of room for expansion. No current financials are available. occupants. Large lot with 2 car garage gives plenty of room for expansion. No current financials are available.
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Vinyl, Wood
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence Fenced Back
Utilities Available Natural Gas Connected, Storm Sewer
View Y/N No
Building
Lot Description Sidewalk
Sewer Public
Water Public
Structure Type Other
New Construction No
Schools
Elementary Schools Burns Park Elementary School
Middle Schools Tappan Middle School
High Schools Pioneer High School
School District Ann Arbor
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Coldwell Banker Realty