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540 N State Street, Ann Arbor, MI 48104

$575,000
Sq. Ft. 0 Beds 3 Full Baths 2 Half Baths 2 Yr Built 1901

Fantastic Old Fourth Ward/Kerrytown area duplex. For decades, the home has been used as an owner-occupied duplex, with rental income from the upstairs unit. City says the current zoning only allows for a duplex due to the non-conforming lot size, though the home is set up with 3 separate entrances, 3 full baths, and 3 bedrooms(one for each unit). Upstairs unit is currently rented below market value at $730/month, though the current tenant does not have a lease in place. Contemporary, 1980s addition offers a large, open concept kitchen & living area w/ bedroom, full bath, washer/dryer, and loft-space upstairs. This is connected to a one bedroom unit on the main floor that the current owner had been renting, living in, and using as a studio space.

Neighborhoods

Kerrytown - Old Fourth Ward
Bach Elementary Neighborhood
Downtown Ann Arbor
Properties Near University of Michigan Medical Campus
Walkable to University of Michigan
Homes for Sale Walkable to University of Michigan Medical Campus

Listing Info MLS# 24011185

Status
Active
Listed On
March 8, 2024
Days on Mkt
288 Days
Price
$575,000
Square Feet
0 Sq Ft
Bed
3 Bedrooms
Bath
2 Full / 2 Half
Type
Single Family Home
Style
Historic
Year Built
1901
Acres
0.09
Basement
Crawl Space, Michigan Basement, Partial
Garage
Has Garage: Yes. Attached Garage: No.
Appliances
Dryer, Washer, Cook Top, Dishwasher, Oven, Refrigerator
Interior
Ceiling Fans, Laminate Floor
Exterior
3 Season Room
City
Ann Arbor, MI
Zip
48104
County
Washtenaw

School Information

District Ann Arbor

Property Taxes and Assessment

Year 2024
Total Tax $6,153
Assessment $108,496

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Listing courtesy of The Charles Reinhart Company

IDX listing data provided by and Copyright © Ann Arbor Area Board of Realtors Multiple Listing Service.

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED

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  • Testimonials

    • The Piper Partners were friendly, respectful and thoughtful. They were always available for questions and input. They really paved the way for us as buyers. And they have great apple pie!