913 Dewey Avenue Ann Arbor, MI 48104

Other Residential MLS #: 24017842 Courtesy Of Charles Reinhart Company
2200 Green Road, Ann Arbor, MI 48105

$1,400,000

0.13 acres
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Est. Property Tax: $11,748
Estimated monthly payments: $7,099/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Brick
  • Heating System: Baseboard, Hot Water
  • Lot Size: 0.13 Acres
  • Roof Type: Unknown

MAP & DIRECTIONS

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913 Dewey Avenue, Ann Arbor, MI 48104
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School Information

913 Dewey Avenue, Ann Arbor, MI 48104

Elementary School
Grades KG-5 | Public School
BURNS PARK ELEMENTARY SCHOOL
Ann Arbor, MI 48104
1414 Wells St
734.­994.1919
Distance: 0.4 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
468
Middle School
Grades 6-8 | Public School
TAPPAN MIDDLE SCHOOL
Ann Arbor, MI 48104
2251 E Stadium Blvd
734.­994.2011
Distance: 1.0 mi
School Rating
B
Student:Teacher Ratio
16:1
Total Students
744
High School
Grades 9-12 | Public School
PIONEER HIGH SCHOOL
Ann Arbor, MI 48103
601 W Stadium Blvd
734.­994.2120
Distance: 0.9 mi
School Rating
A
Student:Teacher Ratio
18:1
Total Students
1945
Other Nearby Schools Distance Type Grades School Rating
Angell Elementary School 0.8 mi Public KG-5
Clonlara School 0.9 mi Private KG-12
Central Academy 1.1 mi Public PK-12 C-
St Francis Of Assisi School 1.1 mi Private PK-8
Bach Elementary School 1.2 mi Public KG-5 B
Pattengill Elementary School 1.2 mi Public 3-5 C+
Community High School 1.3 mi Public 9-12 A
Eberwhite Elementary School 1.4 mi Public KG-5
Pathways To Success Academic Campus 1.5 mi Public 9-12 D-
Slauson Middle School 1.5 mi Public 6-8 B+
Uriah H. Lawton Elementary School 1.6 mi Public KG-5 A
John Allen Elementary School 1.7 mi Public KG-5 B+
Ann Arbor Hills Child Development Center 1.7 mi Private PK-2
Ann Arbor Open At Mack School 1.9 mi Public KG-8
Veritas Christi Catholic High School 2.0 mi Private 9-12
Hebrew Day School Of Ann Arbor 2.0 mi Private KG-5
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Ann Arbor, MI 48104

Median Age: 30
Married: 30%
Number of Households: 16,751
Households with Children: 11.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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