About 710 S Dewitt Drive
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.
Features of 710 S Dewitt Drive
| MLS® # | 60925431 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 16.00 |
| Full Baths | 16 |
| Square Footage | 12,668 |
| Acres | 1.66 |
| Year Built | 1972 |
| Type | Multifamily |
| Status | Active |
| Source MLS | MiRealSource |
| Originating MLS | RealComp |
Community Information
| Address | 710 S Dewitt Drive |
|---|---|
| Area | Saint Johns |
| Subdivision | Assrs Plat-south City Of Dewitt |
| City | Dewitt |
| County | Clinton |
| State | Michigan |
| Zip Code | 48820 9559 |
Amenities
| Amenities | Laundry Facility, Private Entry |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Electric Heat |
|---|---|
| Fireplace | No |
| Structure Style | 1 Story |
Exterior
| Exterior Features | Patio |
|---|---|
| Foundation | Slab |
School Information
| District | Dewitt Public Schools |
|---|
Additional Information
| Zoning | Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | The Stephan Group |
|---|