$520,000
7191 N Dort Highway, Mount Morris, MI 48458
0 baths
- Lot
- 1.58 acres
- Built
- 1942
- Type
- 5+ Units
- On market
- 14 days
DescriptionShowHide
Fully occupied 10-unit investment opportunity across five buildings on 1.58 acres, including two single-family homes, two triplexes and one duplex. Offering an approximate 10.5% current cap rate with potential to reach 12.5% through rent growth. Recent improvements include two new roofs, four new water heaters, a new water-treatment system, updated appliances, multiple unit turns, security cameras and new laundry equipment. Strong cash flow with clear value-add potential. Financials available upon request. Buyer to verify all information.
Facts & features
Interior2
- Bathrooms
- 0
- Basement
- Slab
Heating, cooling & utilities3
- Heating
- Wall Furnace
- Water source
- Well
- Utilities
- Cable Available, Natural Gas Connected, Extra Well
Parking1
- Parking
- Driveway, Gravel
Exterior & construction5
- Lot size
- 1.58 acres
- Lot features
- Level
- Construction
- Aluminum Siding
- Roof
- Composition
- Year built
- 1942
Property details7
- Type
- OTHER
- Sub-type
- 5+ Units
- County
- Genesee
- Parcel #
- 11-08-551-042
- Days on market
- 14
- MLS #
- 26018373
- Status
- Active
District: Mount Morris
No individual schools were listed for this home.
Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.
Price & tax historyShowHide
- $520,000▼ $5,000
- $525,000
- $525,000
Listing courtesy of RE/MAX Platinum · Daniel DeCapua
734-730-7061 · Dan@SpotlightHomeTeam.com
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