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943 Dewey Avenue, Ann Arbor city, Michigan

$1,960,000

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0.06

Acres

About 943 Dewey Avenue

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

Features of 943 Dewey Avenue

MLS® # 81025043368
Price $1,960,000
Bathrooms 0.00
Acres 0.06
Year Built 1920
Type Multifamily
Status Pending

Community Information

Address 943 Dewey Avenue
Area 04092 - Ann Arbor
City Ann Arbor city
County Washtenaw
State Michigan
Zip Code 48104

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Parking Concrete
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No

Exterior

Construction Block, Vinyl Siding

School Information

District Ann Arbor

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMetro Property Services
Contact Infochvessels@gmail.com

Listing Map

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