$1,950,000 For Sale

1702 Hill Street
Ann Arbor, MI 48104

2 units | Multi Family Home
12197 sq ft lot - MLS# 25059082
Property Photo
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Description

This property presents a rare and exceptional opportunity for both families and investors—whether you're a parent seeking a refined residence for a University of Michigan student, or an investor looking for a fully reimagined, high-performing asset. Thoughtfully transformed from the ground up, the home now stands as a distinguished, turnkey property along U-M's renowned fraternity and sorority row. With clarity of vision, the owner tastefully converted the former single-family residence into a legal duplex, creating two beautifully appointed 4-bedroom units, along with a separate partially finished lower level walk-out rec space. The result is a residence that functions elegantly for both multi-generational use and high-performance investment. This home exudes stately curb appeal. Crisp white cement-board siding, architectural black Pella windows, and a stunning new concrete front porch with a wood-clad ceiling set a tone of quiet refinement Evening soffit lighting enhances both beauty and security; subtle details that signal the level of care woven into this rebuild. Quality is evident at every turn. Nearly every component of the structure has been renovated and a massive rear addition was completed in 2023: insulation, drywall, electrical, plumbing, heating, central air, roofing, siding, windows, doors, flooring, decking. Unit 1702 - Main Level. The moment you step inside, this sanctuary feels like home. 9'+ ceilings and wide-plank engineered wood floors create a warm, modern aesthetic filled with natural light. The kitchen features stylish cabinetry, ss appliances, a butcher-block island, walk-in pantry and an eat-in area overlooking the front yard. The living room is generously sized and opens to a brand-new deck overlooking the backyard. Bathrooms are beautifully finished with modern vanities, lighting, mirrors, and standout tile selections. A laundry closet with full-size machines adds convenience, and all four bedrooms; each comfortably accommodate a full bed, desk, and dresser. Unit 1704 - Second Floor. This unit spans the second floor and is slightly larger, creating two expansive common spaces perfect for residents. You're welcomed by a bright living room overlooking the backyard, with access to an oversized deck ideal for relaxing or studying outdoors. The kitchen mirrors the downstairs aesthetic with stylish wood cabinets, island, ss appliances, butcher-block counters, and an excellent pantry. The eat-in area flows into a second living space/study area facing the front yard. Full-size laundry machines, modern bathroom finishes, and four well-proportioned bedrooms complete this highly functional layout. This unit is leased until August 2026. Be sure to watch the video tour. Recreation Space - Lower-Level walk-out is partially finished. Large Pella windows bring in abundant natural light, and the walk-out access makes the space feel open and inviting. A stylish full bath features a marble vanity and tiled shower. This space is pre-plumbed for an additional kitchen. Once finished this will create great additional recreation/activity space for residents or the owner. For families and investors alike, this property combines exceptional student living with long-term value, offering a high-performing, turnkey asset in Ann Arbor's premier university corridor.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Active
  • County/Area: Washtenaw County
  • Zip Code: 48104
  • Year Built: 1920
  • School District: Ann Arbor
  • Units: 2 units
  • Basement: Full, Walk-Out Access, Yes, Yes
  • # of Parking Spaces: 8
  • Lot Size: 12197 sq ft lot
  • Cooling: Central Air
  • Cross Street: Washtenaw & Oxford
  • Directions: Washtenaw to Hill St.
  • Driveway: Gravel
  • Extras: Sep Electric Meter, Sep Gas Meter
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Laundry Features: Laundry Closet, In Unit
  • Lot Description: Sidewalk
  • Lot Features: Sidewalk
  • Lot Size Area: 0.28
  • Lot Size Square Feet: 12197
  • Lot Size Units: Square Feet
  • MLS Area Major: Ann Arbor/Washtenaw - A
  • MLS Area Minor: Ann Arbor/Washtenaw - A
  • Main Type: Multi Family
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 2
  • Owner Pays: Water
  • Ownership: Private Owned
  • Parcel Number: 09-09-28-406-002
  • Parking Features: Gravel
  • Possession: Subject To Tenant Rights
  • Road Frontage: 121.5
  • SEV: 599400
  • Sewer: Public Sewer
  • Spec Assessment Ty: No
  • Street Type: Public
  • Tax Annual Amount: 36607
  • Tax Legal Description: LOT 7 AND WLY PART OF LOT 8 HAVING FRONTAGE OF 121 FT ON HILL ST AND 79.22 FT ON SL OF LOTS C H MILLESN 2ND ADDITION
  • Tax Year: 2025
  • Tenant Pays: Electricity, Gas, Water
  • Terms Available: Cash, Conventional
  • Township: Ann Arbor
  • Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Storm Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
  • Water Source: Public Water
  • Zoning Description: R2B
Courtesy of John Wade, Savarino Properties Inc
Source: Michigan Regional Information Center (MichRIC)
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