realsimpli

$737,500

Active

1013 Fountain Street, Ann Arbor, MI 48103

2 baths

Lot
0.16 acres
Built
1965
Type
2 To 4 Units
On market
16 days
DescriptionShow

Great investment opportunity or owner-occupied living in the heart of sought-after Water Hill! Tucked away in a secluded setting, this distinctive Swiss-chalet-style duplex is anything but a typical rental property. Both 2-bedroom, 1-bath units offer open floorplans, updated kitchens and tiled baths, with each unit featuring its own 2-car garage plus private deck and patio. Major recent updates include a new roof in 2025 and new boilers (4 & 6 years ago). Unit 1 is vacant and offers nearly 1600sf - ideally suited for owner-occupied living, featuring a dramatic upper-level loft/family room/flex space with soaring cathedral ceilings & skylights, plus a substantial additional area offering excellent potential for future finishing or abundant storage. Unit 2 is tenant occupied through early October and features skylights in the kitchen & bathroom. Convenient to downtown Ann Arbor, U of M Central Campus, parks, shopping & dining. Home Energy Score of 3. Download report at osi.a2gov.org/herd Current rents of $2,050 and $1,450 per month are below market, presenting an excellent opportunity for increased income and future upside. Certificate of Occupancy in place through April 2028. A rare opportunity to own a distinctive duplex in one of Ann Arbor's most desirable neighborhoods!

Facts & features

Interior2
Bathrooms
2
Basement
Slab
Heating, cooling & utilities4
Heating
Baseboard, Hot Water
Cooling / AC
Wall Unit(s)
Sewer
Public Sewer
Utilities
Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Parking1
Parking
Asphalt, Driveway
Exterior & construction4
Lot size
0.16 acres
Construction
Block, Stucco, Wood Siding
Roof
Composition
Year built
1965
Property details7
Type
OTHER
Sub-type
2 to 4 Units
County
Washtenaw
Parcel #
09-09-20-302-076
Days on market
16
MLS #
26045413
Status
Active

District: Ann Arbor

Wines Elementary SchoolElementary
Forsythe Middle SchoolMiddle / Jr.
Skyline High SchoolHigh

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow
  1. No recorded history for this property.

Listing courtesy of Coldwell Banker Professionals · Howard Watts

734-645-3907 · howard.watts@cbpmichigan.com

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