$2,999,999
Ann Arbor, MI 48104
MLS# 26050449
2825 sqft
1 / 52
Property Description
Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms 3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short Term Rental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLER CENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property! Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Property has EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating Additional PARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City of Ann Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & has applied for a new Short Term Rental Permit which will be transferable to the new purchaser of 809 Henry L.L.C.
Details
Location & Property Info
Cross Streets: E Stadium & White
Property Sub-Type: Business Opportunity
Municipality: Ann Arbor
Subdivision: Hamilton Roes
Ownership Type: Broker/Agent Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 1061.95
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 54x145x64x115
Road Frontage: 54
Mineral Rights: Unknown
Waterfront: No
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 2825
School District: Ann Arbor
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7405
Year Built: 1910
Full Baths: 3
Tax Info
Taxable Value: 436200
SEV: 436200
For Tax Year: 2026
Seller's Annual Property Tax: 22550.35
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: Of Record
Tax ID #: 09-09-33-331-013
Remarks & Misc
Public Remarks: Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms 3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short Term Rental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLER CENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property! Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Property has EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating Additional PARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City of Ann Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & has applied for a new Short Term Rental Permit which will be transferable to the new purchaser of 809 Henry L.L.C.
Legal: THAT PRT OF LOT 11 LYING S OF M-17 & BEING 115 FT N & S ON EL & 149 FT N & S ON WL ALSO ELY 3 FT LOT 10 BLK 7 HAMILTON R
Income and Expenses
Annual Prop Ins ($): 4168
Gross Op Income ($): 305150
Total Actual Rent: 305150
Net Operating Income: 217490
Operating Expense: 87510
Street Type
Paved: 1
Public: 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Roofing
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
REO/Bank Owned: 1
Below Grade
Basement: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Foundation
Permanent: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Driveway
Concrete: 1
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: 2 Bed, 1 Bath
SqFt: 1230
# HVAC: 1
# Baths: 1
Unit 2
Unit Description: 3 Bed, 2 Bath
SqFt: 1595
# Baths: 2
Possession
Close Of Escrow: 1
Location Property Info
County: Washtenaw
Street #: 809
Street Name: Henry
Suffix: Street
State: MI
Zip Code: 48104
Zip (4): 4332
OfficeContract Info
Status: Active
Current Price: $2,999,999
List Price: $2,999,999
Listing Date: 2026-09-22
Remarks Misc
Directions: Stadium to Henry
Property Features
Property Use: Business; Investment
Uses: Other
Business Includes: Non-Applicable
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Other
Foundation: Permanent
Below Grade: Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete; Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: REO/Bank Owned
Possession: Close Of Escrow
Listing Office: The Charles Reinhart Company
Listing Agent: Bruce Maxson
Last Updated: September - 22 - 2026
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