ANN ARBOR – 6 Bed + 4 Bath + 2.5 Car Garage on 1.47 Acres
Say hello to 3084 Charing Cross Road in the City of Ann Arbor (48108). This is a 6-bedroom, 4-bathroom, 2,639 square foot split-level ranch with a 2.5 car garage, and sits on 1.47 acres just west of I-94 at Packard St. Built in 1961, it has been lived in continuously by the seller since 1984. It features a separate living area with walk-out on the lower level that could easily be converted into a separate accessory dwelling for a relative or as an income-producing rental. The exterior is brick with some vinyl siding. The property includes a shed and three-season patio enclosure (located off the kitchen door-wall). 3084 Charing Cross Road is close to everything that make Ann Arbor and Ypsilanti so desirable: it is 3.3 miles from Briarwood Mall, 3.6 miles from downtown Ann Arbor and UM central campus, 3.6 miles from Eastern Michigan University and downtown Ypsilanti, and just three exits from Detroit Metropolitan Wayne County Airport. While the interior has not been updated since the 1990s and the roof is nearing the end of its natural life cycle, this unique property has been lovingly maintained and features newer electrical, furnace and central air conditioning. Listed for $699,000 or $265/SF.
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HISTORIC FARMOUSE IN SOUTH LYON, MI
24499 Martindale Road is in the heart of South Lyon, just a few blocks from downtown. This gorgeous historic farm house sits on a double lot of .65 acres and features skylights, fireplace, 2-car garage, two bedrooms, two bathrooms, guest-room/den, large basement and updated exterior. The home has been in the same family for many years and has 1,754 square feet of cozy living space. Contact chandler @irgmi.com for more information. Coming soon at $399,000
2 BEDROOM + 1 BATH APARTMENT IN MONROE, MI
We have two apartments available right now in central Monroe. These are super clean, updated apartments with off-street private parking, air conditioning, and in-unit laundry hookups. Be close to everything – Ann Arbor, Ypsilanti, Toledo, Dundee, Brooklyn and Detroit are all within a short drive. Monroe is filled with great restaurants, like the Public House and Angelo’s Chop House, as well as parks and water access. These rent to qualified applicants for $1,000 per month with a $1,000 security deposit. Contact chandler @irgmi.com for more information.
LOFT APARTMENT IN DOWNTOWN YPSILANTI, MI
This 1 bedroom + 1 bathroom loft has been meticulously restored and is ready for a new resident. Features new floors, new kitchen and new bathroom as well as LOTS of light coming in from 6 south-facing windows. You will have a view of Riverside Park and the Huron River and be just a short walk from Depot Town, numerous antique and gift shops such as Ypsilantique and World of Rocks, as well as regionally notable restaurants like Bellflower, Ma Lou’s Fried Chicken, Bird Dog Bakery, Beara Bakes, the famous Tap Room and Side Track Cafe and more. This will rent for $1,750 to a qualified applicant and will require a $1,750 security deposit. Contact chandler @irgmi.com for more information.
SUMMER SUBLET ON UM CAMPUS – ANN ARBOR
Private room + shared bathroom in 3 bed + 2 bath apt At Geddes and Washtenaw/Observatory. renovated with new appliances, AC & laundry in-building. Available March 15 through August 6th. Flexible on the move-in date. 5-minute walk from the Diag, Arb, Medical, Dental, Nursing and Public Health schools. Room has dresser, desk and bed. Other residents are women UM students. $825/mo plus about $25/mo utility share. $825 security deposit required. Contact jmuir @irgmi.com for more information
PRIVATE OFFICE in ROYAL OAK, MI
Work in this premier office space in the heart of beautiful downtown Royal Oak for $825 per month. Rent includes access to a stocked copy/mail room, private parking, an outdoor patio, well-appointed conference room and kitchenette and all utilities (except wifi). Your office is 123 square feet and comes with an optional $350 reception area add-on. Contact ckennedy @irgmi.com for details.
Habitat for Humanity / Women Build
Right here in our own community we are coming together to make things a little better, a little bit at a time. Investors Realty Group is very honored to be a part of it. We can do this!
Final Fundraising: $81,850 ($11,600 more than last year!)
CONGRATULATIONS on a very successful year!!! Habitat needed over $80,000 in fundraising support to build this house – we did it!!
More money has been raised for Women Build than EVER before in the history of the program and Investors Realty Group is proud to be the top fundraising team.
– Investors Realty Group $1,486.25
– Jeannette Jackson’s Team $1,334
– Wendy Correll’s Team $1,267.50
– Sarah Hartshorn’s Team $813.50
– Habitat Ladies $540.75
– Alyssa Castillo/VA Team $309
– Laura Jacquez’s Team $206
Washtenaw Housing Alliance
Our local housing issues will not get “solved” by any one policy or program, because that is not how life works. But our housing issues can be measurably improved by collective action from capable people who represent a variety of interests and viewpoints. That’s why Investors Realty Group actively participates in the Washtenaw Housing Alliance’s LANDLORD ADVISORY COMMITTEE. We’re working to help educate landlords about the benefits of housing vouchers, while also educating housing voucher program administrators on some of the bureaucratic requirements that drive up housing costs. During September, we sponsored an event that brought County Commissioner Annie Somerville and State Senator Jeff Irwin to meet with our group and talk about ways that we can all work together toward our common goals: safe, affordable, appropriate, accessible housing for 100% of our community members.
Ypsilanti Downtown Development Authority
Investors Realty Group Broker/Owner Colleen Kennedy serves on the board of directors of the Ypsilanti Downtown Development Authority (DDA). The goal of the DDA is to contribute to the city’s vibrancy by fueling development and growth that benefits businesses and residents. The 12-member team, along with the Mayor of Ypsilanti, works together at the crossroads of community and government to help finance business owners’ needs alongside everyday improvements that support our city’s infrastructure and health.
Insurance Audits
We regularly meet with the local insurance agents that cover our clients’ properties. A well-written policy can be the difference between profit and loss on your rental. Here our Owner and VP of Portfolio Development is meeting with State Farm agent Cameron Barnes from Royal Oak, Michigan. Cameron recently wrote new policies for a 12-unit portfolio under our management. Thanks Cameron!
Working with Contractors
We always walk through units under our management with the contractors we are hiring. Developing a clear punch-list and setting expectations is critical. Here is our broker/owner Colleen Kennedy making sure that contractors are keeping on task.
Managing Utilities
Management of utilities is another area that can be the difference between profit and loss on your investment property. Here is our broker/owner Colleen Kennedy performing a utility audit at a property under our management.
Routine Maintenance
Owner/ VP of Portfolio Development Jeff Muir inspects a repair at a property under our management. Tenants nailed a rug to a part of the roof that they were accessing through a window. The nail holes caused water to leak through and damage the ceiling below.
Commercial Leasing
Owner/Broker Colleen Kennedy gets a new commercial tenant moved in to 10 N. Washington in Ypsilanti. This restaurant unit sat vacant for 6 months. Once we were hired, it was leased and occupied within 30 days!
Project Management
We’re experienced at planning, coordinating and managing complex projects. Broker/Owner Colleen Kennedy coordinated a roof replacement on this 20 unit building in Ypsilanti. This was roughly a $100,000 project that you wouldn’t want a rookie handling!
Property Management or Asset Management?
Does your property management contract specify exactly what duties and responsibilities are covered? Do you know the difference between PROPERTY management and ASSET management?
*Hint: check our our GLOSSARY & DEFINITIONS page.
Experience that Protects Our Clients
After Chandler graduated from South Lyon H.S. in 2020, he took a summer labor job with a large property management and construction firm. Over the following two years Chandler was promoted first to leasing agent, then assistant property manager, and then property manager. He managed a challenging portfolio of over 300 rental units in Wayne, Washtenaw and Monroe Counties (including everything from single family homes to a 200 unit apartment complex), while also handling marketing, leasing, asset management, quoting, and labor supervision. Chandler is also a licensed real estate salesperson!
Evictions & Challenging Tenants
Our staff has overseen dozens of evictions and are highly experienced with all aspects of the eviction process. Most evictions can be avoided through clear, consistent communications and property record keeping. Owner / VP of Portfolio Development Jeff Muir took this photo of an eviction in Eastpointe, Michigan, at a 20 unit building under his management.
Distressed Properties
Investors Realty Group is HIGHLY experienced at onboarding distressed properties and portfolios. This is a 22 unit apartment we managed in Wayne, Michigan. Tenants had been “paying” their rent “in cash” to a fellow tenant, who had been designated the “property manager” in exchange for a rent credit. Shockingly, that did not work out to the owner’s benefit. We put an end to that.