616 S Ashley Street
Ann Arbor, MI 48103

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Description

Opportunity knocks! Charming historic 3-bedroom downtown Ann Arbor home offers possibilities to investors and business owners due to its C2B (business services) zoning, which allows for short term rental (i.e., AirBnB) retail, food service and more. This property would also be perfect for a primary residence, with a great front porch, 2 full bathrooms, a desirable walkable location, and off-street parking at the rear. Wood floors, remodeled kitchen, open living room-dining room floorplan, many updates, and nicely maintained. Come explore all that this property offers!

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Washtenaw County
• Zip Code: 48103
• Year Built: 1901
• School District: Ann Arbor
• Units: 1 unit
• Basement: Full, Yes, Yes
• # of Parking Spaces: 2
• Lot Size: 3485 sq ft lot
• Construction Materials: Stucco
• Cross Street: W Madison + S Main St
• Driveway: Shared Paved
• Financial Available: Yes
• Gross Income: 38216
• Heat Source: Natural Gas
• Heat Type: Hot Water
• Heating: Hot Water
• Laundry Features: In Basement
• Lot Description: Sidewalk
• Lot Features: Sidewalk
• Lot Size Area: 0.08
• Lot Size Square Feet: 3675
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 1
• Ownership: Private Owned
• Parcel Number: 09-09-29-414-012
• SEV: 218600
• Sewer: Public Sewer
• Street Type: Public
• Tax Legal Description: N 30 FT OF S 35.4 FT OF LOT 9 HINMANS SUBD. SUBJECT TO AND TOGETHER W/ ROW FOR MUTUAL DRIVEWAY AS RECRDED IN L1503:P796 SPLIT/COMBINED ON 02/26/2020 FROM 09-09-29-414-005, 09-09-29-414-006;
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
• Terms Available: Cash, Conventional
• Township: Ann Arbor
• Util Availat Street: Public Sewer, Public Water
• Utilities: Cable Connected, Natural Gas Connected
• Water Source: Public Water
• Zoning Description: C2B