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913 Dewey Avenue
Ann Arbor, MI 48104
–
beds
–
baths
–
sqft
5,663
sqft lot
1965
build
–
on site
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.
Listing courtesy of MICHRIC / Richard Jarzembowski / The Charles Reinhart Company
Last checked:
Checking…
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Last updated Apr 26, 2024
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MLS# 24017842 —
This property is listed in more than one place. See it here.
The Building
Year Built:
1965
New Construction:
false
Construction Materials:
Brick
Architectural Style:
None
Foundation Details:
None
Building Features:
None
Exterior Features:
None
Window Features:
None
Patio And Porch Features:
None
Accessibility Features:
No
Direction Faces:
None
Roof:
Rubber
Stories:
None
Basement:
true
Basement:
Slab
Basement:
Yes
Building Area Total:
None
Exterior -Brick:
true
Roofing -Rubber:
true
Below Grade Finished Area:
None
Interior
Rooms Total:
None
Interior Features:
None
Flooring:
None
Fireplaces Total:
1
Fireplace:
No
Fireplace Features:
None
Room Dimensions
Living Area:
None
Location
Directions:
Packard to Dewy
Cross Street:
Packard and State
Latitude:
42.266128
Longitude:
-83.737392
The Property
Parcel Number:
09-09-33-215-012
Property Type:
Multi-Family
Property Subtype:
5+ Units
Property Attached:
No
Lot Features:
Level, Sidewalk
Lot Size SqFt:
5663.0
Lot Size Acres:
0.13
Lot Size Area:
0.13
Lot Size Units:
Acres
Topography:
None
Waterfront:
false
View:
None
View:
No
Fencing:
None
Inclusions:
None
Zoning:
None
Zoning Description:
R4C
Current Use:
None
Possible Use:
None
Waterfront:
No
Road Frontage:
50.0
Road Surface Type:
Paved
Listing Agent
Contact info:
Agent phone:
(734) 645-3634
Office phone:
(734) 971-6070
Taxes
Tax Year:
2023
Tax Year:
2023.0
Tax Legal Description:
LOT 31 C H CADYS SUB
Tax Annual Amount:
11748.0
Tax Assessed Value:
174497
Taxable Value:
174497.0
Annual Property Tax:
11748.0
Beds
Main Level Bedrooms:
None
Bedrooms Total:
None
Baths
Full Baths:
None
Partial Baths:
None
Three Quarter Baths:
None
Half Baths:
None
Quarter Baths:
None
The Listing
Home Warranty:
No
Virtual Tour URL Branded:
None
Virtual Tour URL Unbranded:
https://my.matterport.com/show/?m=1jNXoouTacg
Buyer's Brokerage Compensation Type:
None
Buyer's Brokerage Compensation:
None
Heating & Cooling
Cooling:
Window Unit(s)
Cooling:
true
Heating:
true
Heating:
Hot Water, Baseboard, Natural Gas
Heat Type -Baseboard:
true
Heat Source -Natural Gas:
true
Utilities
Utilities:
Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
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Listing provided by broker:
Richard Jarzembowski
The Charles Reinhart Company
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
This multifamily located in Central Ann Arbor, Ann Arbor, MI 48104 is currently for sale for $1,400,000. 913 Dewey Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 14 days. 913 Dewey Avenue is in the Central Ann Arbor neighborhood of Ann Arbor and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Burns Park Elementary School, Pioneer High School, and Tappan Middle School.
Checking…
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Last updated Apr 26, 2024
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