Fantastic investment opportunity in the heart of Water Hill. 1018 & 1020 Fountain! Ranch-style stacked duplex. Each unit has 2 large bedrooms and 1 bathroom. Live in one unit and rent out the other, or rent both - Each unit rents for $1300/mo. Upper unit has been renovated and lower unit has been prepped for remodel. Driveway can accommodate 6 cars. In need of some TLC, but most of the work has been completed. These duplexes don't come on the market very often. Seller will consider Cash and rehab/construction loans.
This $269,000 property has approximately 1,632 square feet and was built in 1963. 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 $212,000 to $750,000 and have an average price per square foot of $239/SqFt. The average priced home in 48103 with 4 bedrooms is $551,486. 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. 1018 Fountain St has property taxes in the amount of $4,643, 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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54082-(Aa) Ann Arbor (Westside South O
Dryer, Refrigerator, Stove, Washing Machine
N 51.11 FT LOT 7 ASSESSORS PLAT NO 44
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