943 Dewey Avenue Pending Save Request In-Person Tour Request Virtual Tour
Ann Arbor,MI 48104
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
Municipality Ann Arbor
MLS Listing ID 25043368
Year Built 1920
Annual Tax Amount $27,815
Tax Year 2024
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 45x56
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
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/Washtenaw - A
Direction Packard to Dewey.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Laundry In Unit
Exterior
Parking Features Concrete,Driveway
Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 10
Building
Sewer Public Sewer
Structure Type Block,Vinyl Siding
New Construction No
Schools
School District Ann Arbor
Others
Tax ID 09-09-33-215-020
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://my.matterport.com/show/?m=bvN2wUGDZLv