This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket.
In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.97% cap rate on in-place financials.
Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.
2,835 Sq Ft
2.2 Privé-hectaren Partijgrootte
investering
US$ 4.842 Jaarlijkse belasting
Ingebouwd 1950
MLS/Listing ID 20261009360
9 Eenheden
Heating - Baseboard
Heating - Propane
Slab
Construction - Brick Veneer
TOTALE MAANDELIJKSE KOSTEN
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