Holt MI Multi Family for Sale
$1,850,000
2342 AURELIUS Holt, MI 48842
- Type:
- Multi-Family
- Sq.Ft.:
- 18,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.49 Acres
- Year built:
- 1999
- Baths:
- 19.00
- MLS#:
- 60350562
ADDITIONAL INFORMATION
Sugar Pine Apartments is a stabilized, value-add 19 unit apartment building located in Holt, MI. The property consists of eighteen 1 bedroom apartments (800 square feet) one 3 bedroom unit (1,000 square feet) and 9 storage units. The property is 100% occupied grossing $17,295 per month. All 19 units are in one building - that was built in 1999. Each unit is equipped with a window air conditioning unit, along with baseboard heat. There are 28 parking spaces for the 19 units. The units are separately metered for electric which the tenant puts in their name. The heat is supplied through baseboard heat. The landlord pays for water, sewer and trash. Most properties in the area bill back for these utilities, so there is opportunity to increase value through collecting RUBS. The current owner has invested over $100,000 into the building this year including patching, sealing and striping the parking lot, 3 unit renovations, and exterior / common area CAPEX.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- 282798
View additional info
Courtesy: Coldwell Banker Realty-West Lansing
517-321-1000
ADDITIONAL INFORMATION
Great Investment Opportunity! Welcome to 4730/ 4732 Holt Rd. Discover the potential of this 2-unit Duplex, perfect for both savvy investors and first-time home buyers. Live on one side while generating rental income from the other, making this an ideal choice for those looking to offset their mortgage costs. Each unit features 2 bedrooms and 1.5 baths, offering a comfortable layout for residents. With a finished lower level, there's plenty of space for storage or additional living areas. Located in a desirable Holt neighborhood with easy access to Holt Public Schools, this property combines convenience with the opportunity for financial growth. Don't miss out on the chance to own a property that can work for you—schedule your showing today! **
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Holt Real Estate
The median home value in Holt, MI is $223,000. This is higher than the county median home value of $173,700. The national median home value is $338,100. The average price of homes sold in Holt, MI is $223,000. Approximately 64.31% of Holt homes are owned, compared to 31.78% rented, while 3.92% are vacant. Holt real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Holt real estate agent to arrange a tour today!
Holt, Michigan 48842 has a population of 25,755. Holt 48842 is less family-centric than the surrounding county with 25.65% of the households containing married families with children. The county average for households married with children is 28.45%.
The median household income in Holt, Michigan 48842 is $74,169. The median household income for the surrounding county is $58,226 compared to the national median of $69,021. The median age of people living in Holt 48842 is 38 years.
Holt Weather
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 33.8 inches per year, with 45.9 inches of snow per year.