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 Özel Araziler Lot Büyüklüğü
yatırım
$4.842 Yıllık Vergi
Yerleşik 1950
MLS/Liste Kimliği 20261009360
9 Birimler
Heating - Baseboard
Heating - Propane
Slab
Construction - Brick Veneer
TOPLAM AYLIK MALİYET
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