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Sold on July 28, 2022

1224 Prospect Street 48104, Ann Arbor, MI 48104

$550,000
Sq. Ft. 1,544 Beds 5 Full Baths 2 Yr Built 1912

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.

Neighborhoods

Listing Info MLS# 3288647

Status
Sold
Listed On
June 8, 2022
Sold On
July 28, 2022
Days on Mkt
50 Days
Price
$550,000
Square Feet
1,544 Sq Ft
Bed
5 Bedrooms
Bath
2 Full / 0 Half
Type
Single Family Home
Style
1.5 Story,2 Story
Year Built
1912
Acres
0.15
Basement
Full
Garage
Detached
Interior
Exterior
Porch
City
Ann Arbor, MI
Zip
48104
County
Washtenaw

School Information

District Ann Arbor
Elementary School Burns Park
Middle School Tappan
High School Pioneer

Property Taxes and Assessment

Year 2021
Winter Tax $1,128
Summer Tax $6,992
Total Tax $8,120
Assessment $158,281

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Listing courtesy of Trillium Real Estate

IDX listing data provided by and Copyright © Ann Arbor Area Board of Realtors Multiple Listing Service.

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED