USAMIDewittAssr's Plat-South City of Dewitt710 S Dewitt Dr
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$2,100,000

710 S Dewitt Dr, Dewitt, MI

Real Estate

For Sale

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0160
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12668 sqft
Garage No
Taxes $18,211
Days Active 5
Lot Size 
Approx. Age 1972
Avg. Price Per Sqft $165
MLS® Number 20251021528

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare opportunity to own a fully-leased 16-unit multifamily property in the heart of desirable DeWitt, Michigan. This well-maintained apartment building offers all 2-bedroom units, delivering stable cash flow and long-term upside. Each unit features spacious layouts, updated kitchens, and on-site parking. Tenants enjoy quiet, suburban living with quick access to Lansing, major employers, shopping, and top-rated schools. The property highlights include: Room for rental increases approx. $100/unit. Ability to increase CAM, Utility, and Administrative fees. All tenants on 12 month leases, historically 100% occupied and $0 in delinquency. Historically a very high performing property, the owner is only selling to do a 1031 exchange into a larger asset. Professionally managed by Pro Asset Management. Washer and dryer income is collected through WASH for extra income. The OM, rent roll, and T12 can be obtained with a signed NDA. No seller financing or land contract will be offered. Selling for a 1031 exchange. No showings without an accepted LOI.Show Description
MLS® Number20251021528
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage1.66
ExteriorPrivate Entrance
GarageNo
Approx. Age1972
Basement
Driveway
Garage Spaces
HeatElectric, Forced Air
A/C
Heating Fuel

Extras

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