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Description

there are 3 buildings, 1. 1650 Mt Hope is a tri-plex, 2. 151-153 Water Street a duplex 3. 157-159 Water St. a duplex. Gross rent for the 7 units is, $42,730/yr. Operating expenses annually $24,590. Some of the tenants are from the Ann Arbor area. These properties are near the exit for Gras Lake which is just west of Ann Arbor. Each apartment has it's own gas and electic meter. Building price details: $180,000.

Property Details

• Type: Multifamily
• Status: Available
• Year Built: 1985
• Buildings: 1

Map Locations