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$459,900
Est. payment /mo
2 Baths
1,499 SqFt
Contingent
803 Jones Drive Ann Arbor, MI 48105
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $306
Subdivision Mi
MLS Listing ID 60918473
Style 2 Story
Full Baths 2
Year Built 1901
Annual Tax Amount $9,784
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50X99
Property Sub-Type Multi-Family
Property Description
PLEASE SUBMIT YOUR HIGHEST AND BEST OFFER BY MONDAY, JULY 21ST AT 6PM. Welcome to 803 Jones Drive - a prime two-unit multifamily investment in one of Ann Arbor's most desirable locations. Just a short stroll to the Broadway Bridge corridor and everything downtown has to offer, this 1,499 sq ft property features two well-maintained units, each with 2 bedrooms and 1 updated bathroom. The first-floor unit showcases original hardwood floors and is currently rented at $1,800/month on a month-to-month lease, with a long-term tenant in place. The second-floor unit, also with a long-term tenant, brings in $1,450/month and features several skylights that fill the living room and kitchen with brilliant natural light. Both bathrooms have been updated, offering modern comfort while preserving the home's classic character. A shared unfinished basement with its own entrance provides laundry access for both units. The backyard is spacious, perfect for quiet enjoyment or a shared outdoor space. Located within walking distance to the vibrant Broadway area, enjoy easy access to restaurants, cafes, bars, parks, the Amtrak station, bus lines, and the scenic Border to Border Trail. You're also minutes from the Kerrytown Farmer's Market, Downtown Ann Arbor, and UM's North & Central Campuses, as well as the University of Michigan and VA Hospitals. Whether you're an investor looking for a turnkey rental property, a homeowner exploring house-hacking potential, or someone seeking future development options, this well-located duplex checks all the boxes. With strong rental income, flexible leases, and an unbeatable location, 803 Jones Drive is a smart and versatile addition to any real estate portfolio.
Location
State MI
County Washtenaw
Area Ann Arbor (81021)
Zoning Multi-Family
Rooms
Basement Poured
Interior
Interior Features Cable/Internet Avail.
Heating Baseboard, Hot Water
Fireplace No
Exterior
Exterior Feature Wood
Amenities Available Laundry Facility
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Ann Arbor Public Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main