Dewitt, MI 48820,710 S Dewitt Drive
Dewitt, MI 48820,710 S Dewitt Drive
Dewitt, MI 48820,710 S Dewitt Drive
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$2,100,000
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16 Beds
16 Baths
12,668 SqFt
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710 S Dewitt Drive Dewitt, MI 48820

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 12,668 sqft

Price per Sqft $165

Subdivision Assrs Plat-South City Of Dewitt

MLS Listing ID 20251021528

Style Quadruplex

Bedrooms 16

Full Baths 16

Year Built 1972

Annual Tax Amount $18,211

Lot Size 1.660 Acres

Acres 1.66

Lot Dimensions 197X368

Property Sub-Type Quadruplex

Source Realcomp II Ltd

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 offered.
Selling for a 1031 exchange.
No showings without an accepted LOI.

Location

State MI

County Clinton

Area St. Johns

Zoning Multi-Family

Direction S. Dewitt and Cedarwood

Interior

Interior Features Laundry Facility, Programmable Thermostat

Heating Forced Air

Fireplace no

Heat Source Electric

Laundry 1

Exterior

Exterior Feature Private Entry

Porch Patio

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Quadruplex

Level or Stories 1 Story

Structure Type Wood

Schools

School District Dewitt

Others

Pets Allowed Yes

Tax ID 20011000009100

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Trade/Exchange

Listing Terms Cash, Conventional, Trade/Exchange

Financing Cash,Conventional,Trade/Exchange


Realcomp MLS
Listed by Andrea Stephan of The Stephan Group

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agent

Felecia Kennedy

Agent | License ID: 6501424397

+1(313) 743-7806

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710 S Dewitt Drive