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1224 Prospect Street

Ann Arbor, MI 48104
  • $550,000
  • STATUS: Accepting Backup Offers
  • ON SITE: 18 Days
  • ID#: 543288647
Under Contract
UPDATED: 48 min ago
$550,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,544
    SQFT
  • $356
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1912
County:
Area:
Lot Size Dimensions:
50X132

School Ratings & Info

School District:

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 occupants. Large lot with 2 car garage gives plenty of room for expansion. No current financials are available.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Robert E Smith Realty | The Agency Hall and Hunter and Ann Arbor Area BOR MLS, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | The Agency Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-06-27T12:59:53.877.
www.robertesmithrealty.com/homes/129643038
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1224 Prospect Street Ann Arbor, MI 48104

  • Price: $550,000
  • Status: Accepting Backup Offers
  • On Site: 18 Days
  • Updated: 48 min ago
  • ID#: 543288647
5
Beds
2
Baths
0
½ Baths
0.15
Acres
1,544
SQFT
$356
$/SQFT
1912
Built
Neighborhood:
Ann Arbor
County:
Washtenaw
Area:
Ann Arbor
School District:
ANN ARBOR
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 occupants. Large lot with 2 car garage gives plenty of room for expansion. No current financials are available.
Exterior Features

Architecture Level 1 1/2 Story2 Story Architecture Style ColonialFarmhouse Construction Materials Other Foundation Details BasementSlab Garage Features Detached Garage Size 2 Car Garage YN Yes Lot Size Dimensions 50X132 Pool YN No Porch Type Porch Road Frontage Type PavedPub. Sidewalk Waterfront YN No

Interior Features

Basement YN Yes Baths Total 2.00 Cooling Central Air Fireplace YN No Heating Forced AirOther Heating Fuel Natural Gas Room Count 8 Rooms Bedroom - Primary (Upper Level) Bedroom (Upper Level) Bedroom (Upper Level) Bedroom (First/Entry Level) Bedroom (First/Entry Level) Dining Room (First/Entry Level) Living Room (First/Entry Level) Kitchen (First/Entry Level) Sq Ft Combined 1544 Sq Ft Lower Floor 0 Sq Ft Source Estimated Sq Ft Total Basement 781

Property Features

Association Fee 0 Down Payment Resource YN No Homestead YN Yes Listing Financing CashConventional Ownership Status Private OwnedShort Sale - No Postal City Ann Arbor Settlement City Sewer Public Sewer (Sewer-Sanitary)Storm Drain Short Sale No Tax Amount Summer 6992.0000 Tax Amount Winter 1128.0000 Title Standard (Private) Total Tax 8120.0000 Transaction Type Sale Unparsed Address 1224 Prospect St Water Source Public (Municipal)

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Trillium Real Estate: (734) 302-3011 and Ann Arbor Area BOR MLS, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Robert E Smith Realty | The Agency Hall and Hunter and Ann Arbor Area BOR MLS, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | The Agency Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-06-27T12:59:53.877.
 
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Robert E Smith Realty | The Agency Hall and Hunter
442 S. Old Woodward
Birmingham MI, 48009