Dewitt, MI 48820,710 S Dewitt DR
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Dewitt, MI 48820,710 S Dewitt DR
Dewitt, MI 48820,710 S Dewitt DR
Dewitt, MI 48820,710 S Dewitt DR
Dewitt, MI 48820,710 S Dewitt DR
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$ 2,100,000
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710 S Dewitt DR Dewitt, MI 48820

16 Baths

12,668 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

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

Full Baths 16

Year Built 1972

Lot Size 1 Sqft

Property Sub-Type MultiFamily

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 Area19072Stjohns

Interior

Interior Features ProgrammableThermostat

Heating Electric, ForcedAir

Laundry CommonArea

Exterior

Exterior Feature PrivateEntrance

Pool None

View Y/N No

Garage false

Building

Foundation Slab

Sewer PublicSewer

Water Public

Schools

School District Dewitt

Others

Senior Community false

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Andrea Stephan of The Stephan Group
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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710 S Dewitt DR