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

943 Dewey Avenue Ann Arbor, MI 48104

2,614 Sqft Lot


UPDATED:

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


Listed by Metro Property Services
Linda Lombardini

Linda Lombardini

Owner, Team Leader | License ID: 6501255870

+1(734) 302-3600

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943 Dewey Avenue