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

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Jay Fontaine

jay@travisrobertson.com

$2,075,000

Est. payment - /mo

3 Beds

2,613 Sqft Lot

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025043368

Bedrooms 3

Year Built 1920

Annual Tax Amount $27,815

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 45x56

Source Greater Metropolitan Association of REALTORS®

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 12.18x 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

Zoning Multi-Family

Direction Packard to Dewey.

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 10.0

Roof Type Composition

Road Frontage Paved

Garage no

Private Pool No

Building

Sewer Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal)

Structure Type Block,Vinyl

Schools

School District Ann Arbor

Others

Pets Allowed Yes

Tax ID 090933215020

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Christopher Vessels of Metro Property Services

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Jay Fontaine

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943 Dewey Avenue Ann Arbor, MI 48104

Jay Fontaine

Key Details

Location

Interior

Exterior

Building

Schools

Others

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