Excellent investment opportunity or wait for the lease to expire and move in to make it your own! Lease in place through the 2020 academic year with plenty of room for a rental increase. This four-bedroom two-full-bathroom home is in a great location about three blocks from the football stadium, four blocks to the Crisler Center, short walk to UM Central Campus, public transportation and more. The washer and dryer were just replaced. New water heater in 2016 and the furnace is middle aged.
This $375,000 property has approximately 1,123 square feet and was built in 1924. This home is located in the Ann Arbor school district. Properties located in the Ann Arbor district have an average price per square foot of $213/SqFt. Houses with similar square footage range in price from $214,900 to $435,000 and have an average price per square foot of $302/SqFt. The average priced home in 48103 with 4 bedrooms is $553,116. Depending on where you live in Ann Arbor your children and/or teenagers may go to the Ann Arbor school district, or Saline school district. 201 Koch Ave has property taxes in the amount of $11,086, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.
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