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913 Dewey Avenue Ann Arbor, MI $ 1,400,000
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913 Dewey Avenue
$ 1,400,000
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913 Dewey Avenue

Ann Arbor, MI, 48104
$ 1,400,000
Bedrooms10 Baths0.0

Monthly Estimate*

$ 9,779

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Multi-Family Home for sale in Ann Arbor, MI

for $1,400,000 with 10 bedrooms. This home was built in 1965 on a lot size of 0.13.

HIGHEST & BEST due by 4/24/24 at 12:00 noon EST. Rare Opportunity to own this 6-unit apartment building nestled along a quiet, tree lined street with great proximity to U of M's south campus and the Sports Complexes. This property presents a lucrative opportunity for investors seeking long-term returns. The property has two 1-bedroom units and four 2-bedroom units. Each unit features a dishwasher, range/oven, refrigerator, and air conditioning. Heat and water are included, tenants pay electric. There is 1 parking spot per unit, a covered area for bicycles, and an on-site washer and dryer. Rental income 1/23 to 12/23 was $95,465. All units are fully rented for Fall of 2024 with annual rental income of $114,600.

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Multi-Family Contingent

Price

$ 1,400,000

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 11,748

Style

Multifamily

Lot Size

0.13

Year Built

1965

Town/City

Ann Arbor

County/Region

Washtenaw

MLS | Web ID

54024017842
Features
General
Interior Features Laundry Facility Cable Available
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street Storm Drain
Heating Baseboard Hot Water
Cooling Window Unit(s)
Possession Subject To Tenant Rights
Zoning Multi-Family
Year Built 1965
Property Type Multifamily
Transaction Type Sale
Status Contingent - Continue To Show
Contingency Call Listing Office
Short Sale No
Parking Total 8
Construction Materials Brick
Cumulative Days on Market 28
MLS Area Ann Arbor
Directions Packard to Dewy
City Ann Arbor
Terms Offered Cash Conventional
School District Ann Arbor
Land Contract 0
Down Payment Resource 0
Ownership Status Private Owned
Street Name Dewey
DOM 28
Taxes 11748.0000
Legal Description LOT 31 C H CADYS SUB
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Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 6
Street Suffix Avenue
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Exterior
Waterfront 0
Lot Size Area 0.13
Water Source Public (Municipal) Water at Street
Lot Size Dimensions 50 x 112
Roof Material Rubber
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Internal Only
Originating MLS Ann Arbor Area Board of REALTORS®
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* Excluded Features
List By
Richard Jarzembowski

Listing Agent

The Charles Reinhart Company

Broker

(734) 645-3634

Phone

Affordability Calculator

$10,758
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,779
Monthly Property Taxes
$979
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848330 Elementary School
848975 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/16/2024$1,400,000 Listed Price

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913 Dewey Avenue, Ann Arbor, MI, 48104 is a Multi-Family Home for sale at $1,400,000 with a lot size of 0.13. 913 Dewey Avenue has 10 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 48104 which is in Ann Arbor, MI

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