1106 S Forest Ave, Ann Arbor, MI 48104

Property Description

Introducing a charming Colonial-style home that perfectly caters to the high-demand UMich student housing market in Ann Arbor, Michigan. This versatile property can serve as your residence or a lucrative rental investment, offering the best of both worlds. With a City of Ann Arbor rental certificate issued in August 2022, you can rest assured that you're in compliance with all local regulations. With the capacity to lease to up to 6 tenants per city regulations, this property boasts ample space for a comfortable and communal living experience. Ideal for UMich students, the property comes furnished with beds and desks, ensuring a hassle-free move-in for your tenants. This property currently rents for $7,500 per month, making it a lucrative investment that's sure to provide a consistent and attractive return. Recent updates includes, new roof in 2023, a new foundation in 2022, a new driveway in 2022, and a new garage door in 2020, this property is not only student-friendly but also low maintenance, ensuring peace of mind for you as the owner. The large basement provides ample storage space for tenants, allowing them to keep their living areas clutter-free. A garage is included for convenient and secure parking. Enjoy the Michigan seasons on two back patios—one on the first floor and another on the second floor—providing plenty of outdoor space for relaxation and gatherings. Situated in the vibrant city of Ann Arbor, this multifamily home is in close proximity to the University of Michigan campus, shopping, dining, and all the cultural attractions this charming city has to offer. Don't miss out on this chance to own a sought-after piece of Ann Arbor real estate in a prime location. Contact us today to schedule a viewing and seize this excellent investment opportunity.