Tax DescriptionPRT OF LOT 1, ASSESSOR'S PLAT NO 5, DESC AS COM AT SELY COR OF SD LOT 1, ASSESSOR'S PLAT NO 5, TH N 36 DEG 14 MIN W 109.06 FT FOR POB, TH S 53 DEG 40 MIN W 50.94 FT, TH S 76 DEG 43 MIN W 27.42 FT, TH N 9 DEG 31 MIN W 15 FT, TH N 58 DEG 35 MIN W 53.1 FT, TH N 0 DEG 46 MIN W 37.7 FT, TH N 79 41 SEC E 75.4 FT, TH S 36 DEG 14 MIN E 70.7 FT TO POB
Tax Annual Amount30000
Legal DescriptionPRT OF LOT 1, ASSESSOR'S PLAT NO 5, DESC AS COM AT SELY COR OF SD LOT 1, ASSESSOR'S PLAT NO 5, TH N 36 DEG 14 MIN W 109.06 FT FOR POB, TH S 53 DEG 40 MIN W 50.94 FT, TH S 76 DEG 43 MIN W 27.42 FT, TH N 9 DEG 31 MIN W 15 FT, TH N 58 DEG 35 MIN W 53.1 FT, TH N 0 DEG 46 MIN W 37.7 FT, TH N 79 41 SEC E 75.4 FT, TH S 36 DEG 14 MIN E 70.7 FT TO POB
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Investment Insights
Based on property information with market context.
Built in 1963, this brick apartment building contains six units: two studios, three one-bedroom apartments, and one two-bedroom apartment. Recent improvements include a new boiler and EPDM roof. The property also has on-site laundry, storage lockers, and driveway parking. Tenants pay their own electricity, and a rental certificate is valid through 2029.
The 0.15-acre property is located at 1310 Packard Street in Ann Arbor. The reported rent roll is $8,875 per month, and the building has been fully occupied.
Key Highlights
Six units: 2 studios, 3 one‑bedroom apartments, and 1 two‑bedroom apartment
0.15‑acre parcel at 1310 Packard Street in Ann Arbor
Brick construction; built in 1963
Property Analytics
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Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
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Demographics for 48104, MI
41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value
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Market
Average Price Trend$/SFfor Apartment buildings in Washtenaw County, MI
$204Jul
$310Aug
$240Sep
$227Oct
Properties on Market for Apartment buildings in Washtenaw County
Apartment building - A six-unit rental property includes on-site laundry, storage lockers, and tenant-paid electricity.
Where is this apartment building located?
The property is located at 1310 Packard Street Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six units: 2 studios, 3 one‑bedroom apartments, and 1 two‑bedroom apartment; 0.15‑acre parcel at 1310 Packard Street in Ann Arbor; Brick construction; built in 1963
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New: 350 Mission StJust listed · $36/SF · 2 min ago