$ 2,500,000
-
$2,500,000
Price -
32
Bed -
32
Bath -
14,976
SqFt
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About the Listing 30585 - 6501227547
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
Listing Highlights
Interior Details
- Bedrooms: 32
- Bathrooms: 16 Full / 16 Half
- Appliances: Range/Oven, Refrigerator
- Air Cond: Wall/Window A/C
- Heating: Electric Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 14976
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other: Eat-In Kitchen,Cable/Internet Avail.
- Water: Public Water
Exterior Details
- Garage Capacity: 4 car
- Lot Dimensions: 250x300
- Roof:
- Others: Porch
- Sewer: Public Sanitary
- Parking Features: Detached Garage,Covered Parking,Paved Driveway
Financial Details
- Tax Amount: $42,855
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1600 Holland Port Huron, MI 48060
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