2132 Cedar St Holt, MI 48842

Property Details for 2132 Cedar St

Year built

1960

Lot size

0.36 lot acres

Property size

2,535 SF

Zone code

TC

Property type

Office buildings

APN

33-25-05-14-303-018

APU

33250514303018

Description

This exceptional multi-family property at 2132 Cedar Street, Unit 2132, Holt, MI, presents a lucrative investment opportunity. Boasting over 2,535 square feet on a 0.36-acre lot, this building offers five current lease spaces with the potential for a sixth, generating immediate revenue. The upper level features two full bathrooms with convenient front and back access, including wheelchair accessibility. The lower level includes a sizable storage area, leasable if desired, also with front and back access, plus a washer, dryer, and shower in the common area. A two-bedroom apartment with a full kitchen, bathroom, and laundry is also located on the lower level and is currently leased, offering owner-occupancy potential. Two exterior sheds provide additional storage. Significant recent upgrades include two new gas furnaces (2018), a new roof and eavestroughs (2022), and three new air conditioning units (2024). The parking lot was also redone in 2018. The property is zoned Town Center, allowing for both residential and commercial use, a significant advantage. Three leases are currently in place. The building includes two full baths, two half baths, and a separate shower. Its prime location between Aurelius and Holt Roads, along with road signage, ensures high visibility. This well-maintained property offers ample parking and represents a strong investment with immediate income potential.

Location Insight

City

Holt

County

Ingham

State

Michigan

Longitude

-84.5194

Latitude

42.6445

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments