1420 Pear St

Ann Arbor, MI 48105
  • $800,000

    Price
  • 4

    Bed
  • 0.18

    Acre

About the Listing 541022090423 - 54010115440825

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. Projected gross rental income $60,000/year. 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.

Listing Highlights for 1420 Pear St

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 81026059386
Year Built 1952
Lot/Acreage 0.18
County Washtenaw
School District Ann Arbor

Interior Details

  • Bedrooms: 4
  • Appliances:
  • Air Cond:
  • Heating: Radiant,Electric,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Slab
  • Other: Laundry Facility,Cable Available,Radiant
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 103 X 75
  • Zoning: Residential
  • Roof: Metal,Rubber
  • Others: Block,Shingle Siding,Paved,Pub. Sidewalk
  • Sewer: Sewer (Sewer-Sanitary),Sewer at Street

Financial Details

  • Tax Amount: $7,482
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 090921209012
  • Tax Year: N/A

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Questions About..

1420 Pear St Ann Arbor, MI 48105

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Originating MLS: Greater Metropolitan Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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