$2,100,000
710 s dewitt drive, dewitt, MI 48820
Property 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
General Information
Price: $2,100,000
Price/SqFt: $166
Status: Active
MLS#: 20251021528
City: dewitt
Post Office: dewitt
Schools: dewitt
County: Clinton
Subdivision: assrs plat-south city of dewitt
Acres: 1.66
Lot Dimensions: 197X368
Bedrooms:0
Bathrooms:16 (16 full, 0 half)
Size: 12,668 sq.ft.
Acreage: 1.66 est.
Year Built: 1972
Property Type: Multifamily
Style: 1 Story
Features & Room Sizes
Exterior: Wood
Basement: 0
Heating: Forced Air
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $12,343
Est. Winter Taxes: $5,868
Est. Winter Taxes: $5,868
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Andrea Stephan of The Stephan Group, Phone: (248) 590-2067