Ann Arbor, MI 48104,943 Dewey Avenue
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Ann Arbor, MI 48104,943 Dewey Avenue
Ann Arbor, MI 48104,943 Dewey Avenue
Ann Arbor, MI 48104,943 Dewey Avenue
Ann Arbor, MI 48104,943 Dewey Avenue

$1,960,000

Est. payment /mo
Est.Price: ?

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943 Dewey Avenue Ann Arbor, MI 48104

2,614 Sqft Lot

SOLD DATE : 11/14/2025

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 25043368

Year Built 1920

Annual Tax Amount $27,815

Tax Year 2024

Lot Size 2,614 Sqft

Property Sub-Type 2 to 4 Units

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

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

Building

Sewer Public Sewer

Structure Type Block,Vinyl Siding

New Construction No

Schools

School District Ann Arbor

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Metro Property Services
Bought with Metro Property Services
Sandi Smith

Sandi Smith

Broker | License ID: 6502130228

+1(734) 216-6414

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