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Jenn Smart

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118 W Summit , Ann Arbor, MI 48103
$352,500
Est. Payment: $1,836.93/mo
2 Bed
1 Bath
1056 Sqft
Status: active | Days on site: 355
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

Incredible opportunity to own a home within Ann Arbor’s C1 zoning district—one of the few areas that allows for non-owner occupied short-term (Airbnb, VRBO, etc.) rentals—at 118 W Summit St, Ann Arbor, MI 48103. Perfect for investors seeking a high-demand rental property or for use as your personal residence, this property is a blank slate with demolition and renovations already underway. Currently configured as a 2-bedroom, 1-bath home, it offers potential to add another bath and reimagine the living space to fit your needs. Located in the desirable Water Hill neighborhood near Kerrytown, the home boasts unbeatable walkability to Michigan Medicine, U-M Central Campus, Downtown, Kerrytown, the Farmers Market, scenic parks like Bandemer and Bird Hills, plus direct access to the new Barton-Bandemer pedestrian tunnel and expanded protected bike lanes, connecting you seamlessly to the entire city. Bring your vision and transform this property just minutes from Ann Arbor’s best destinations.
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Highlights

Listed by Desert Klein-Kassab , 734-678-9769 and Douglas Kassab , 734-604-7888 Real Estate One/Max Broock Realtors , 734-662-8600. MiRealSource, Inc. mls logo

Property Type

Residential
Lot/Acreage
0.09

Year Built

1901

County

Washtenaw

Area

Ann Arbor (81021)

 Neighborhood

No

 School District

Ann Arbor Public Schools

Listing ID

50185013

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Above Ground Sq Ft:1056
Below Ground Sq Ft:0
Water:Public Water

Exterior Features

Lot Dimensions:45X90X45X90
Sewer:Public Sanitary
Principal Interest
$1,837
Taxes
$641

Home Price

$352,500

Loan Details

30 yrs
6.792%

Down Payment

20%
$70,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,836.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,836.93 $641.33 $0.00 $2,478.26
Yearly $22,043.12 $7,696.00 $0.00 $29,739.12
Total $661,293.55 $230,880.00 $0.00 $892,173.55
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Ann Arbor, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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