1600 Holland Avenue, Port Huron, MI 48060
1600 Holland Avenue, Port Huron, MI 48060
1600 Holland Avenue, Port Huron, MI 48060
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$2,500,000
Est. payment /mo
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32 Beds
32 Baths
14,976 SqFt
New

1600 Holland Avenue Port Huron, MI 48060

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Nicole Toureau

Nicole Toureau

+1(586) 738-1488

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,976 sqft

Price per Sqft $166

Subdivision Mi

MLS Listing ID 50214851

Style 2 Story

Bedrooms 32

Full Baths 16

Half Baths 16

Year Built 1971

Annual Tax Amount $42,855

Tax Year 2025

Lot Size 1.700 Acres

Acres 1.7

Lot Dimensions 250x300

Property Sub-Type Multi-Family

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

Location

State MI

County St. Clair

Area Port Huron (74022)

Rooms

Basement Partially Finished

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Interior Features Cable/Internet Avail.

Heating Electric Heat

Cooling Wall/Window A/C

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Aluminum, Brick, Vinyl Siding

Parking Features Detached Garage

Garage Spaces 4.0

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum,Brick,Vinyl Siding

Schools

School District Port Huron Area School District

Others

Ownership Corporation

SqFt Source Assessors Data

Energy Description Electric

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Realty Executives Home Towne Shelby

NEARBY SCHOOL & BUSINESS

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Nicole Toureau

Nicole Toureau

Agent | License ID: 6501419204

+1(586) 738-1488

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1600 Holland Avenue