508 W Summit Street, Ann Arbor, MI 48103

Local realty services provided by:Better Homes and Gardens Real Estate Connections
508 W Summit Street,Ann Arbor, MI 48103
$755,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jonathon keller
Office:j keller properties, llc.
MLS#:25016569
Source:MI_GRAR

Price summary

  • Price:$755,000

About this home

Perched atop a corner lot in the always desirable Water Hill, sits this 5 unit apartment building. With strong rents and virtually zero vacancy, this investment features not just location, but some big ticket updates- including a new roof (2022) and new laundry center (2024). All units are either studios or 1 bedroom and all have a full bathroom and kitchen. Driveway parking. Monthly rent roll is $6,035 with tenants paying utilities via bill back. A great investment opportunity.

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Home facts

  • Year built:1901
  • Listing Id #:25016569
  • Added:113 day(s) ago
  • Updated:August 14, 2025 at 03:14 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1901
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$755,000
  • Tax amount:$18,744 (2025)