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Investment Highlights

  • Located within an Opportunity Zone, offering tax incentive eligibility.
  • Convenient Holt location near schools, retail, and transportation routes.

Executive Summary

Fantastic investment opportunity in Holt! This well-maintained 6-UNIT apartment building offers strong rent with desirable unit features throughout. Each unit includes 2 bedrooms and 1 bathroom and has been thoughtfully updated. All units are individually equipped with their own furnace, water heater, and wall A/C unit, providing efficient and independent utilities. Tenants enjoy in-unit washer and dryer, along with a full appliance package including stove, range, refrigerator, dishwasher, and garbage disposal. The property also features a large on-site parking lot with 12 total spaces, ensuring ample parking for residents. A turnkey multifamily asset with solid upside—ideal for both seasoned and new investors.

Property Facts

Price $716,355 CAD
Price Per Unit $143,271 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Building Size 5,238 SF
No. Stories 1
Year Built 1989
Parking Ratio 2.29/1,000 SF
Opportunity Zone Yes

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Refrigerator
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
25-05-15-436-001
Land Assessment
$24,519 CAD
Improvements Assessment
$305,394 CAD
Total Assessment
$329,913 CAD
  • Listing ID: 40388466

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 2140 Adelpha Ave, Holt, MI 48842

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