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16001 Dixie Highway, Holly, MI 48442

Holly
Local realty services provided by:CENTURY 21 Curran & Oberski
16001 Dixie Highway,Holly, MI 48442
$900,000
  • - Beds
  • 9 Baths
  • 2,835 sq. ft.
  • Multi-family
  • Pending
Listed by: michael mcclafferty
Office: oakpointe real estate advisors
MLS#:20261009360
Source:MI_REALCOMP

Price summary

  • Price:$900,000
  • Price per sq. ft.:$317.46

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 #:20261009360
  • Added:112 day(s) ago
  • Updated:June 12, 2026 at 08:33 AM

Rooms and interior

  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:2,835 sq. ft.

Heating and cooling

  • Heating:Baseboard, Propane

Structure and exterior

  • Year built:1950
  • Building area:2,835 sq. ft.
  • Lot area:2.2 Acres
  • Construction Materials:Brick Veneer
  • Foundation Description:Slab
  • Levels:One

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$317.46
  • Tax amount:$4,842

Parking

  • Total parking spaces:18
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