Active-Contingent

450 S 5th Avenue
Ann Arbor, MI 48104

$475,000

Estimated $/mo*

1,291

Square Feet
Estimate Finished Square Feet
1,291 Sq Ft Above Ground
Amazing investment opportunity in the heart of Ann Arbor! This three bedroom, two bathroom income property is within close proximity to downtown shops and restaurants, Kerrytown, The Big House, UM Central Campus, and more! According to local historians, this Greek Revival home was built in 1849 and is known as the Bassett-Ditz House. Some of the modern updates from 2012 include a new kitchen with stackable laundry and radiant floor heating, two new full bathrooms, a new back addition, new plumbing, wiring, and boiler. The exterior of the house was painted in 2018. Three parking spots are included, but who needs a car when you're close to it all?
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Details

Type

  • Income Property

Year Built

  • 1901

MLS#

  • 3280541

Lot Size

  • 0.1

Number Of Kitchens

  • 1

Laundry

  • Yes
  • In Unit

Number of Units

  • 1

Road Type

  • Public

Taxable Value

  • $10,571

State Equalized Value

  • $210,900

Community

Community - Ann Arbor Area

Ann Arbor, the hub of Washtenaw County, is the sixth largest city in Michigan.  A lively downtown and charming tree-lined neighborhoods make Ann Arbor an ideal place to live, work, and raise a family.

Known for academic excellence, Ann Arbor Public Schools District is consistently ranked one of the best in the country.  Ann Arbor is also home to the University of Michigan, Cleary University, Concordia University and Washtenaw Community College.

You will find a wonderful mix of city advantages and scenic beauty in Ann Arbor.  Nicknamed “Tree Town”, Ann Arbor has more than 2,000 acres of tree lined city parks.  Ann Arbor provides endless recreation opportunities including trails, golf courses, canoeing, tennis courts, athletic fields and more.  One of the most walkable communities in the country, Ann Arbor prides itself on being environmentally friendly with a progressive recycling program and conscious effort to preserve the city’s green space.

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While surrounded by all of this natural beauty, you'll also find that Ann Arbor is less than an hour from the big city advantages Detroit, Michigan has to offer.  Detroit is home to the Detroit Symphony Orchestra, several museums, extraordinary shopping and professional sports team including the Detroit Lions, Pistons, Red Wings and Tigers.

Within a four-hour drive of Ann Arbor are Chicago and Toronto, or take a 25-minute trip to Detroit Metropolitan Airport and the world is at your feet.  Amtrak makes several stops daily in Ann Arbor, connecting passengers to over 450 locations across the country.

There is a very broad range of major employers countywide, many of them located in and near Ann Arbor.  The University of Michigan, the University of Michigan Health System, and the St. Joseph Mercy Health System are among the area's leading employers.  These opportunities allow many of the county's residents to work quite close to home; other residents commute less than an hour to greater Detroit or Lansing.

Whether it's life in a college town that you prefer, or the appeal of a small town conveniently located to a larger urban area, Ann Arbor and Washtenaw County has it all.  Come see why our home is well loved by so many!
 

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The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange ("IDX") program of Ann Arbor Area Board of Realtors®. Real estate listings held by brokers other than Reinhart Realtors are marked with the IDX Logo. All information is subject to change and should be independently verified.