Active-Contingent

539 S 1st Street
Ann Arbor, MI 48103

$599,000

Estimated $/mo*

2,497

Square Feet
Estimate Finished Square Feet
2,497 Sq Ft Above Ground
Beautiful Old West Side brick Victorian offers two rental units a 1/2 mile from downtown and 1 mile from central campus. Entry level 2 bedroom is approximately 1470 SF and has two full baths, family room, dining room, converted porch sunroom, basement laundry and a 2018 large modern sunny kitchen addition with wood floors, cabinets, and cupboards, undercabinet lighting, granite counters, and island with a prep sink, along with new rear entrance, mudroom, and basement stairs. Upper level 1-bedroom Apt #2 includes family room, kitchen with range. refrigerator, washer & dryer, full bath, and finished attic level loft study/flex space, approximately 750 SF. New GFA and central AC for each unit in 2018, along with whole house 300 amp electric service. Driveway parking for 3 or 4 vehicles; tenants can obtain a city street parking permit for a fee. Upper level unit leased through 8/31/2021, lower level unit vacant. Also listed a single family home, see MLS #3280067.
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Details

Type

  • Income Property

Year Built

  • 1890

MLS#

  • 3280069

Lot Size

  • 0.2

Number Of Kitchens

  • 2

Laundry

  • Yes
  • In Unit

Number of Units

  • 2

Road Type

  • Public

Taxable Value

  • $9,500

State Equalized Value

  • $281,200

Community

Community - Ann Arbor Area

Ann Arbor, the hub of Washtenaw County, is the sixth largest city in Michigan.  A lively downtown and charming tree-lined neighborhoods make Ann Arbor an ideal place to live, work, and raise a family.

Known for academic excellence, Ann Arbor Public Schools District is consistently ranked one of the best in the country.  Ann Arbor is also home to the University of Michigan, Cleary University, Concordia University and Washtenaw Community College.

You will find a wonderful mix of city advantages and scenic beauty in Ann Arbor.  Nicknamed “Tree Town”, Ann Arbor has more than 2,000 acres of tree lined city parks.  Ann Arbor provides endless recreation opportunities including trails, golf courses, canoeing, tennis courts, athletic fields and more.  One of the most walkable communities in the country, Ann Arbor prides itself on being environmentally friendly with a progressive recycling program and conscious effort to preserve the city’s green space.

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While surrounded by all of this natural beauty, you'll also find that Ann Arbor is less than an hour from the big city advantages Detroit, Michigan has to offer.  Detroit is home to the Detroit Symphony Orchestra, several museums, extraordinary shopping and professional sports team including the Detroit Lions, Pistons, Red Wings and Tigers.

Within a four-hour drive of Ann Arbor are Chicago and Toronto, or take a 25-minute trip to Detroit Metropolitan Airport and the world is at your feet.  Amtrak makes several stops daily in Ann Arbor, connecting passengers to over 450 locations across the country.

There is a very broad range of major employers countywide, many of them located in and near Ann Arbor.  The University of Michigan, the University of Michigan Health System, and the St. Joseph Mercy Health System are among the area's leading employers.  These opportunities allow many of the county's residents to work quite close to home; other residents commute less than an hour to greater Detroit or Lansing.

Whether it's life in a college town that you prefer, or the appeal of a small town conveniently located to a larger urban area, Ann Arbor and Washtenaw County has it all.  Come see why our home is well loved by so many!
 

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The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange ("IDX") program of Ann Arbor Area Board of Realtors®. Real estate listings held by brokers other than Reinhart Realtors are marked with the IDX Logo. All information is subject to change and should be independently verified.