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    1531 Packard St, Unit ##6 Ann Arbor, MI 48104

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    For Lease
    $2,000 /Mo ($34 SF/Yr)

    Renovated 2-bedroom condo in Ann Arbor's best neighborhood.

    Property size:
    700 SF
    Lot size:
    0.17 Acres

    Property Features for 1531 Packard St

    General Information

    Size
    700 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1966

    Source: Keller Williams Realty Ann Arbor Market Center Agent Tami Simpson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Condo in Burns Park

    This renovated condominium home is located in the Burns Park neighborhood. The 2-bedroom condo features a layout designed by DDG Designs. The bright and sunny loft-like home includes floor-to-ceiling windows and real oak wood floors. Custom-built California closets with hangers are included, as well as A/C and ceiling fans. The granite/stainless steel kitchen is equipped with a dishwasher and microwave. A separate dining area is available. Flat screen TVs are included in the living room and bedrooms. Heat and hot/cold water are included. The property is located near a bus stop. Laundry facilities are available in the building. A parking spot and private storage space are included. Cats are permitted. The property size is 700 square feet. Lease term is 12 months, preferably ending on 8/25.
    Location Intelligence

    Current Use by Public Records

    InGlobal Learning Design Design Agency Amara Conservation Association Or Organization

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7314876
    Latitude
    42.2628651

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    FAQs

    What type of property is this?
    Apartment building - Renovated 2-bedroom condo in Ann Arbor's best neighborhood.
    Where is this apartment building located?
    The property is located at 1531 Packard St, Unit ##6 Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Situated in Ann Arbor's desirable Burns Park neighborhood, offering walk/bike access to campus.; - Fully Renovated & Professionally Designed: Features a modern, loft-like space designed by DDG Designs.; - Included Utilities & Parking: Heat, hot/cold water, and a parking spot are all included in the rent.
    (734) 761-6600
    Request Owner's contact information
    1531 Packard St, Unit ##6 Ann Arbor, MI 48104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1531 Packard St, Unit ##6 Ann Arbor, MI 48104
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