Welcome to 540-542 Holbrook Ave, a beautifully updated duplex in a prime Michigan Opportunity Zone, offering exceptional tax advantages and long-term growth potential! Perfect for investors or owner-occupants, each unit features 2 spacious bedrooms, 1 bathroom, and gorgeous hardwood flooring throughout.
Recent updates include a new roof, modern plumbing, gutters, and electrical systems, ensuring worry-free ownership. Both units have been freshly painted, creating a bright and inviting atmosphere. The upstairs unit boasts a fully renovated kitchen with new cabinets, luxury vinyl flooring, countertops, and doors, along with an updated bathroom featuring a new tub, flooring, sink, and vanity.
Additional highlights include a 2-car garage and a sizable adjacent lot, offering outdoor space for recreation, gardening, or potential development.
Currently rented on month-to-month leases at $1,000 per unit, with area rental comps averaging $1,200 per unit, this property offers substantial cash flow potential.
Don’t miss this rare opportunity to own a move-in-ready duplex with incredible tax advantages—schedule your showing today!
Sold for $255,000
Zillow last checked:
Listing updated:
Bought with:
Kelley L Merritt, 6501387232
Maxim Properties LLC
Source: Realcomp II,MLS#: 20240085991
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $255,000+2%$121/sqft |
Source:  Realcomp II #20240085991 Report a problem | ||
| 11/28/2024 | Pending sale | $250,000$118/sqft |
Source: Realcomp II #20240085991 Report a problem | ||
| 11/20/2024 | Listed for sale | $250,000$118/sqft |
Source: Realcomp II #20240085991 Report a problem | ||
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Estimated market value
$274,200
