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943 Dewey Ave, Ann Arbor, MI 48104

$1,750,000

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Sold Price: $1,750,000
List Price: $1,960,000
Closing Date: Nov 14, 2025
MLS#: 81025043368
Status: CLOSED

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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

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Additional Information

Year Built: 1920
Basement Type: Full
Acres: 0.06
Acres: 0.06
School District: Ann Arbor
Cooling: Central Air
Heating: Forced Air, Natural Gas
Garage Description: Paved