Movoto Real Estate
Sold on 08/28/2024

605-607 N Bridge St, Dewitt, MI 48820

  • $270,000

    Last sold 08/28/2024 after 5 Days

  • bed

  • bath

Multi-family not for sale
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About 605-607 N Bridge St

Property type Multi-family
Year built 1974
HOA fee $0/month
Lot size 0.26 Acre
Rental estimate
Property description
Welcome to 605 - 607 N. Bridge Street, Dewitt. A rare opportunity to acquire a duplex within a two-block walking distance to downtown Dewitt. This up and down two-unit property and the condition of both units reflects superb value with updated flooring, and recent interior painting. This property is located next to a church and features wonderful open space. Each unit is 3-bedroom, 1 full bath, with wall A/C units, mostly newer windows, and a newer oversized concrete driveway. Both units are currently vacant, as the owners primarily used this for family members. Current market rents indicate that each unit should rent in the $1200-$1500/month range, so excellent cash flow potential exists. The lower unit has had complete kitchen cabinet replacement and has stainless steel appliances. Newer sewer line cleanouts were installed along with 2 electric water heaters in 2021. Each unit has efficient electric heat, so maintenance is minimized. A newer slider to the composite deck in the upper unit has nice built-in blinds. The newer exterior siding was installed in 2014, again with low maintenance in mind, and the lower level also is a walkout to a patio area.
Listed by
Listing Agent - David Ledebuhr
Listing Office - Musselman Realty Company
Source: Greater Lansing Area Realtors mls logo
MLS#283072 • last updated 1 year ago
Movoto checked Greater Lansing Area Realtors for data 55 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating Electric
Levels/Style Two, Bi-Level
MLS # 283072
Status Closed
Lot Size (Acres) 0.26
Lot Size (Sqft) 11369.16
Tax Assessed Value 66294
Year Built 1974
Interior
Basement Walk-Out Access
Laundry None
Flooring Carpet, Vinyl
Appliances Electric Water Heater
Exterior
Roof Shingle
Foundation Block
Construction Vinyl Siding, Brick
# of Parking Spaces 4
Parking Driveway, No Garage, Off Street, On Site
Exterior Features Balcony
Lot Features Back Yard, City Lot, Landscaped, Rectangular Lot, Corner Lot
Amenities / Utilities
Water Source Public
Sewer/Septic Public Sewer
Security Features Smoke Detector(s)
Location
Subdivision None
Elementary School David Scott Elementary School
Elementary School District DeWitt
High School District DeWitt
APN 19-200-100-000-136-00
Directions Located On The SW Corner Of N. Bridge St., Two Blocks North From The Downtown Four Corners (Main & Bridge St.).
Multifamily Details
Total # of Units 2
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,616/month
Gross rent multiplier: 13.9
  • Aug 2024
    mls logo MLS # 283072
  • Aug 28, 2024 Pending
  • Aug 23, 2024 Listed
    $269,500
  • 605-607 N Bridge St
    $270K
  • 48820
    $411K -4% y/y
  • Dewitt
    $411K -4% y/y
No chart available
Statistics calculated by Movoto

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10/10
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Source: GreatSchools.org © 2026. All rights reserved.

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