Upgraded Multifamily
For Sale
$2,500,000
1600 Holland Ave, Port Huron, MI 48060
Eight duplex buildings with separate utilities, garage and carport parking, and recent unit improvements.
Property Size14,976 SF
Price / SF$166.93
Days on Market65
Property Features for 1600 Holland Ave
General Information
Standard status
Active
Size
14,976 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Cap Rate
6%
Utilities to Site
Yes
Multifamily Units
16
Building Details
Year Built
1971
Buildings
8
Listing Agency:
Realty Executives Home Towne Shelby
(810) 982-1400
Listed By:
David R Griffor
Source:
Vmrealestatemichigan
Added: Jun 27
Changed: Aug 29
Last Checked: Aug 29 at 9:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Home Towne Shelby
Investment Insights
Based on property information with market context.
This multifamily portfolio includes eight duplex buildings totaling 14,976 square feet. Units have received substantial improvements within the past two years, and occupancy is reported as full with low vacancy. Separate utility service is provided for each unit, while the landlord currently covers some water expenses during the lease transition process.
The property is located at 1600 Holland Ave in Port Huron, near shopping and the beach. Two duplexes—1522/1524 and 1528/1530—include a two-car garage each; those garages are currently used by the landlord. The remaining 12 units have carports plus additional parking. The current cap rate is 6%, with a projected 6.6% cap rate after water expenses are eliminated.
The property is located at 1600 Holland Ave in Port Huron, near shopping and the beach. Two duplexes—1522/1524 and 1528/1530—include a two-car garage each; those garages are currently used by the landlord. The remaining 12 units have carports plus additional parking. The current cap rate is 6%, with a projected 6.6% cap rate after water expenses are eliminated.
Key Highlights
- Eight duplex buildings totaling 14,976 SF
- Unit improvements completed within the past two years
- Separate utilities serve each unit
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 48060, MI
39,775
Population
18,066
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
89%
High-School Grad
20.7 sq mi
ZIP Area
1,921
Density / Sq Mi
$51,342
Median Household Income
$32,017
Median Earnings
$1,005
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Eight duplex buildings with separate utilities, garage and carport parking, and recent unit improvements.
Where is this multifamily property located?
The property is located at 1600 Holland Ave Port Huron, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Eight duplex buildings totaling 14,976 SF; Unit improvements completed within the past two years; Separate utilities serve each unit
