Ann Arbor, MI 48104-3884,943 Dewey Avenue
Ann Arbor, MI 48104-3884,943 Dewey Avenue,Video Tour
Ann Arbor, MI 48104-3884,943 Dewey Avenue
Ann Arbor, MI 48104-3884,943 Dewey Avenue
Ann Arbor, MI 48104-3884,943 Dewey Avenue
Ann Arbor, MI 48104-3884,943 Dewey Avenue
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$ 1,960,000
Est. payment | /mo

2,886 SqFt


$ 1,960,000
Est. payment | /mo

2,886 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,886 sqft

Price per Sqft $679

Subdivision Mi

MLS Listing ID 70490017

Year Built 1920

Annual Tax Amount $27,815

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 45x56

Property Sub-Type Multi-Family

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 Ann Arbor (81021)

Interior

Heating Forced Air

Exterior

Exterior Feature Vinyl Siding

Building

Foundation Basement

Structure Type Vinyl Siding

Schools

School District Ann Arbor Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional

Virtual Tour https://my.matterport.com/show/?m=bvN2wUGDZLv

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Metro Property Services
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"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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943 Dewey Avenue