For sale

7191 N Dort Highway
Mount Morris, MI 48458

$510,000

Lot
1.58 acres
Year built
1942
Property type
5+ Units
County
Genesee
MLS #
26018373
Days on market
61

About this home

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.