2132 Cedar StHolt, MI 48842

For Sale
$290,900

High-return multi-family building, prime location.

Overview

Added:
Feb 3
Days on market:
41
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.

Property Details for 2132 Cedar St

Property type
Residential income properties, Multifamily properties
Square Feet
2,535 SF
Year Built
1960
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Holt
County
Ingham
State
Michigan
Latitude
42.64454
Longitude
-84.51937
2132 Cedar St, Holt, Michigan

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2132 Cedar St
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