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$900,000
27 Days On Site
16001 Dixie HighwayGroveland Township, MI 48442
For Sale|Multi Family|Active
0
Beds
9
Total Baths
9
Full Baths
2,835
SqFt
$317
/SqFt
1950
Built
County:
Oakland
Call Now: 810-360-3488
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810-360-3488
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Monthly Payment (Est.)
$4,106Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket. In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.97% cap rate on in-place financials. Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.
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Listing Snapshot
Price
$900,000
Days On Site
27 Days
Bedrooms
N/A
Inside Area (SqFt)
2,835 sqft
Total Baths
9
Full Baths
9
Partial Baths
N/A
Lot Size
2.2 Acres
Year Built
1950
MLS® Number
20261009360
Status
Active
Property Tax
$4,842
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 6 days ago | Price changed to $900,000 | |
| 6 days ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
General Features
Acres
2.2
Cross Street
Grange Hall Rd and Dixie Hwy
Disclosures
Annual Property Operating Data Available, Projected Income, Taxes Not Homestead Exempt
Foundation
Slab
Levels
One
Parking Spaces
18
Pets
Call
Property Sub Type
Multi Family
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
2835
Style
Other
Water Source
PrivateWell
Zoning
Commercial
Interior Features
Heating
BaseboardPropane
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Exterior Features
Construction Details
Brick Veneer
Pool Features
None
Community Features
Financing Terms Available
CashConventional
MLS Area
Area02021GrovelandTwp
Roads
Paved
School District
Holly
Schools
School District
Holly
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of OakPointe Real Estate Advisors: [email protected]
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
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