1310 Packard Street
Ann Arbor, Michigan 48104
5
Bed
0
Bath
0.15Acre(Lot)
Set on a shady wooded lot in downtown Ann Arbor sits this beautiful brick 1960's apartment building. Featuring 6 spacious units- 2 studios; 3 one bedrooms; and 1 two bedroom. Well cared for with many updates and all the big ones done including a new boiler, new EPDM roof, and a rental cetificate good through 2029. Always fully rented with current rent roll at $8,875/mo. Tenants pay electric and love the on site laundry, storage lockers, and free on site parking. Turnkey investment opportunities like this don't often turn up. See attached virtual tours.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Other,Laundry Facility,Cable Available Roof: Rubber -
Heating & Cooling
Cooling: Wall Unit(s) Heating: Baseboard,Hot Water Heating Fuel: Natural Gas
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Building Information
Year Built: 1963 Total Units: 6 Roof: Rubber Foundation/Basement: Slab -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.15 Lot Dimensions: 70 x 95 Frontage Feet: 70 -
Property Information
Financing: Cash,Conventional
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Listing Price Information
Original List Price: $1,300,000 -
Listing Information
Possession: At Close Legal Description: PRT 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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Tax Information
Annual Tax: $30,000 Parcel Number: 090933302024Possession
At CloseLegal Information
Legal Description: Section: PRT 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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Virtual Tour
Parking Information
Parking: 8 -
Multi-Unit Information
Road Frontage: Pub. Sidewalk -
Unit 1 Information
# of Bedrooms: 3 -
Unit 2 Information
# of Bedrooms: 1
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School Information
School District: Ann Arbor -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 507 E Ann Street , Ann Arbor, MI, 48104 | $3,199,000 | 15 | -- | -- | |
| 1136 Michigan Avenue , Ann Arbor, MI, 48104 | $805,000 | 5 | 2 | 1,884 | 1,884 SqFt |
| 600 Catherine Street , Ann Arbor, MI, 48104 | $1,049,000 | 4 | -- | -- | |
| 500 Catherine Street , Ann Arbor, MI, 48104 | $1,269,000 | 8 | -- | -- | |
| 1810 E Stadium Boulevard , Ann Arbor, MI, 48104 | $550,000 | 3 | -- | -- |
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ByOwner last updated this listing 08/18/2026 @ 20:18
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