943 Dewey AVE, Ann Arbor, MI 48104 - MLS#81025043368

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$1,960,000

Est. payment - /mo

2,886 SqFt

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 2,886 sqft

Price per Sqft $679

MLS Listing ID 81025043368

Year Built 1920

Property Sub-Type MultiFamily

Property Description

Priced to sell! We are proud to present 943 Dewey Ave, which is a brand new 3 Unit 12 Bedroom University of Michigan Student Rental property only available for sale as a package with the property next door at 1108 Packard. Priced for a quick sale at only a 11.5x GRM, this Property consists of 3 newly-renovated 4 Bedroom units, with stylish finishes, Stainless Steel Appliances, High Efficiency HVAC, Granite Countertops and High Efficiency Washer/Dryer. All Furnishings Included, and this package of amenities will ensure steady rental rate increases for your entire ownership of the property. Newly poured concrete parking area has space for 10-12 cars between the two properties, which allow for an additional $10-12k per year in future revenue. Steps from University of Michigan Athletic Campus. 943 Dewey has annual rental income of $170,400 for 2025-2026. Please contact me for more information or to schedule a showing. Will not last long

Location

State MI

County Washtenaw

Area Area04092Annarbor

Rooms

Basement Full

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Laundry InUnit

Exterior

Parking Features Concrete

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Sewer PublicSewer, SewerAtStreet, StormDrain

Water Public

Schools

School District Annarbor

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Christopher Vessels of Metro Property Services

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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943 Dewey AVE Ann Arbor, MI 48104

Jason Miller

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Get More Information