Property Type:
Multi Family
Lot Size (sq. ft.):
8,930
Status:
Active
Current Price:
$5,795,000
List Date:
12/04/2025
Last Modified:
12/04/2025
912 Mary Street, Ann Arbor, MI 48104
$5,795,000
Description
Fully Leased for 2026-27! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus. Fully renovated in 2024, property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and Granite Countertops to command top of market Rents. Low Maintenance Exterior, and High Efficiency Forced Air Furnace & A/C. All Furnishings included in the sale, with In-Unit Washer and Dryer. Beautiful front deck with Trex Decking, and massive 700sq/ft 2nd story rear deck for entertaining. .205 Acre lot with rear parking for 12+ cars. Planned future upzoning of the property would allow a Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and new 2300 Bed Dorm.
More Information MLS# 25060642
Location & Property Info
Cross Streets: Mary St past Benjamin St
Property Sub-Type: 2 to 4 Units
Municipality: Ann Arbor
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 959.44
General Property Info
New Construction: Yes
Construction Status: Completed
Lot Dimensions: 66x135
Road Frontage: 66
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 6040
Total Parking Spaces: 12
School District: Ann Arbor
Lot Measurement: Acres
Lot Square Footage: 8930
Lot Acres: 0.21
Year Built: 1901
Tax Info
Taxable Value: 903900
SEV: 903900
For Tax Year: 2024
Seller's Annual Property Tax: 62651
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: --
Zoning: R4C
Tax ID #: 09-09-32-103-029
Remarks & Misc
Public Remarks: Fully Leased for 2026-27! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus. Fully renovated in 2024, property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and Granite Countertops to command top of market Rents. Low Maintenance Exterior, and High Efficiency Forced Air Furnace & A/C. All Furnishings included in the sale, with In-Unit Washer and Dryer. Beautiful front deck with Trex Decking, and massive 700sq/ft 2nd story rear deck for entertaining. .205 Acre lot with rear parking for 12+ cars. Planned future upzoning of the property would allow a Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and new 2300 Bed Dorm.
Income and Expenses
Annual Insurance: 3480
Annual Mgmt. Fees: 24516
Annual Utilities: 5912
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Laundry Features
In Unit: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Aggregate: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Trash Collection: 1
Water: 1
Unit 1
Unit Description: Unit #1
Bedrooms: 6
Bathrooms: 6
Full Baths: 6
A/C Unit: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 2
Unit Description: Unit #2
Bedrooms: 5
Bathrooms: 6
Full Baths: 5
Half Baths: 1
A/C Unit: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Garb Disp: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 3
Unit Description: Unit #3
Bedrooms: 6
Bathrooms: 7
Full Baths: 6
Half Baths: 1
Range/Oven: 1
A/C Unit: 1
Central Air: 1
Dishwasher: 1
Garage: 1
Garb Disp: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 4
Unit Description: Unit #4
Bedrooms: 6
Bathrooms: 7
Full Baths: 6
Half Baths: 1
A/C Unit: 1
Central Air: 1
Deck/Patio: 1
Dishwasher: 1
Garb Disp: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Washtenaw
Street #: 912
Street Name: Mary
Suffix: Street
State: MI
Zip Code: 48104
Area: Ann Arbor/Washtenaw - A
OfficeContract Info
Status: Active
Current Price: $5,795,000
List Price: $5,795,000
Listing Date: 2025-12-04
Remarks Misc
Directions: Packard to Mary St.
Property Features
Laundry Features: In Unit
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter
Owner Pays: Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Aggregate
Street Type: Paved; Public
Terms Available: Cash; Conventional; Tax Def Exchange
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 3: Range/Oven; A/C Unit; Central Air; Dishwasher; Garage; Garb Disp; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 4: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office:
Metro Property Services
Listing Agent:
Christopher Vessels
Last Updated: December - 04 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
