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+15868545396
Community Choice Realty
1600 Holland Avenue, Port Huron, MI 48060
- $2,500,000
- 32
- BD
- 32
- BA
- 14,976
- SqFt
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 50214851
- Days on Market
- 101
- Style
- Colonial
- Year Built
- 1971
- Bedrooms
- 32
- Bathrooms
- 16
- Half baths
- 16
- Acres
- 1.70
- Living Area
- 14,976
- Municipality
- Port Huron
- Region
- Port Huron
- Township
- Port Huron
- Subdivision
- Attkinson's Subdivision
Property Description
Eight duplexes conveniently located on the north end of Port Huron close to shopping and the beach. Units have undergone significant upgrades in the past two years. Fully occupied with a low vacancy rate. Each unit has all separate utilities. The landlord is currently paying some of the water bills but as the leases renew the tenants will be paying their own water bill. 1522/1524 and 1528/1530 both have a 2-car garage, which the landlord currently uses for his own use and could be rented for additional income. The other 12 units have a carport and additional parking available. NOI with a 5% vacancy factor $147,937. Current cap rate 6%. Cap rate after elimination of water expense 6.6
Additional Information
- Lot Dimensions
- 250 x 300
- Interior Features
- Cable/Internet Avail.
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
- Basement
- Yes
- Basement Description
- Partially Finished
- Appliances
- Range/Oven, Refrigerator, Electric Water Heater
- Sewer
- Public Sanitary
- Foundation
- Basement
- Water
- Public
- Garage Spaces
- 4
- School District
- Port Huron Area School District
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Listing Courtesy of Realty Executives Home Towne Shelby, Office Phone: 586-726-4600
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.