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Eric Meldrum

eric@trulivingroup.com +1(734) 746-5001

$ 800,000

Est. payment -/mo

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New

1420 Pear ST Ann Arbor, MI 48105

4 Beds

2 Baths

1,800 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $444

MLS Listing ID 81026059388

Style Mid Century Modern

Bedrooms 4

Full Baths 2

Year Built 1952

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type SingleFamilyResidence

Property Description

Super opportunity for investors or owner/occupants! Ann Arbor Mid-Century Modern duplex with one of the best locations in town, and a consistent rental history of longer-term tenants. Walking/biking distance to hospitals, both UM campuses, downtown, Kerrytown, Amtrak station, bus lines, new Lowertown park, restaurants, shops, Argo canoe livery & Cascades, Border to Border Trail & Huron River parks. 1800 sq ft total, each attractive, bright unit is 900 sq ft, 2 bedrooms, 1 bath, with in-unit laundry. Kitchens & baths are updated with ceramic tile floors, dishwashers, disposals. Units have easy maintenance, high-quality laminate flooring, ceiling fans, mini-splits for A/C. Upstairs unit features beautiful wood beamed ceilings. Both units have a wall of windows in the living room, large closets. Additional large storage building and covered attached carport space for each unit, plus more parking on site and on street. Backyard patio. New roof in 2020, water heaters in 2021...Current gross rental income is $46,470/yr. Unit 1 leased thru June 2027 and Unit 2 leased thru June 2028. Certificate of Compliance good until Aug 2030. Tenants pay electric & cooking gas, metered separately. Home Energy Score Exempt. Agent is owner. Call 678-1889 with any questions or to schedule showing. Do not disturb tenants or walk property without permission.

Location

State MI

County Washtenaw

Area Area04092Annarbor

Rooms

Upper Level BathFull

Main Level BathFull

Interior

Interior Features WindowTreatments

Heating Electric, Natural Gas, Radiant

Cooling Ceiling Fans

Flooring CeramicTile, Laminate

Fireplace No

Laundry InUnit

Exterior

Parking Features Attached, Gravel, Carport

Community Features Sidewalks

Utilities Available CableConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Metal, Rubber

Garage true

Building

Lot Description CornerLot, Level, LandscapedGroundCover

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ann Arbor

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition AgentOwned

Listed by Maris Laporter of The Charles Reinhart Company

NEARBY SCHOOL

Nearby Cities