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16001 Dixie, Holly, MI 48442

Holly
Local realty services provided by:CENTURY 21 Realty North
16001 Dixie,Holly, MI 48442
$900,000
  • - Beds
  • 9 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael mcclafferty
Office: oakpointe real estate advisors
MLS#:60970821
Source:MI_REALSOURCE

Price summary

  • Price:$900,000

About this home

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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Home facts

  • Year built:1950
  • Listing ID #:60970821
  • Added:63 day(s) ago
  • Updated:April 23, 2026 at 10:19 AM

Rooms and interior

  • Total bathrooms:9
  • Full bathrooms:9

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1950
  • Lot area:2.2 Acres
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$900,000
  • Tax amount:$4,842

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