Ann Arbor Michigan Real Estate: Affordable Housing – Stone School Townhomes in Ann Arbor

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If you are looking for an affordable townhome in Ann Arbor then this could be it. Prices start as low as $105,740.

Close to I-94, Briarwood Mall, Arborland mall and of course minutes from Downtown these townhomes make a perfect home for families and couples or even a single person! In 2, 3 and 4 bedroom varieties with cathedral ceilings in living rooms as well as private balconies these homes have it all!

Also, Parents send their children to Ann Arbor Public Schools: Bryant, Pattengill, Tappan & Pioneer.

The development consists of 55 units which have monthly association dues of between $100 and $152 per month. Click here for a copy of the master deed and the amendment.

The Stone School Townhomes is a Condominium Development developed by Vanek & Associates and administered by the Washtenaw Housing Education Partners (WHEP), which includes Community Housing Alternatives, the Washtenaw County Michigan State University Extension Office and POWER Inc. The goal of this development is to provide working class families with an affordable housing option who wish to reside in the Ann Arbor City Limits.

The affordability of the units is maintained through an Affordable Housing Covenant, which places a restriction on the sales price of the unit, thus creating long term affordability to households seeking affordable housing for years to come. Households must also have incomes at or below the median income for Ann Arbor.

You can see a little more by reading this PDF here.

However, what is excellent about these units is that they are perfect for the discerning first time homebuyer too!

Click here to view the Stone School Townhomes Master Deed.

Tour Other Ann Arbor Subdivisions – 48108

Alpine Condos  | Arbor Woods Subdvision Ann Arbor  |  Aspen Ridge Condominiums  |  Creekwood Condo  |  Forest Creek Condominiums  |  Mallet’s Wood Condominiums  |  Stone School Townhomes  |  The Oaks of Ann Arbor Condominiums  |  The Ponds at Stonebridge Condominiums  |  Turnberry Subdivision  |  Turnberry Village Condominiums  |  Weatherstone Condominiums With Video  | Colonial Square Cooperative  | Crystal Creek Subdivision

Click here to search Ann Arbor Real Estate using our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team
Keller Williams Realty

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