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.
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.
Property Details
Price:
$2,100,000
MLS #:
20251021528
Status:
Active
Beds:
0
Baths:
16
Address:
710 S Dewitt Drive
Type:
Single Family
Subtype:
Multi Family
Subdivision:
ASSRS PLAT-SOUTH CITY OF DEWITT
Neighborhood:
19072 – St. Johns
City:
Dewitt
Listed Date:
Aug 6, 2025
State:
MI
Finished Sq Ft:
12,668
ZIP:
48820
Year Built:
1972
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Dewitt
Interior
Bathrooms
16 Full Bathrooms
Heating
Electric, Forced Air
Laundry Features
Common Area
Exterior
Architectural Style
Quadruplex
Construction Materials
Wood Siding
Exterior Features
Private Entrance
Financial
Taxes
$18,211
Map
Community
- Address710 S Dewitt Drive Dewitt MI
- SubdivisionASSRS PLAT-SOUTH CITY OF DEWITT
- CityDewitt
- CountyClinton
- Zip Code48820
Similar Listings Nearby
710 S Dewitt Drive
Dewitt, MI
LIGHTBOX-IMAGES
