2342 Aurelius Road
Holt, MI 48842
- – beds
- 19 baths
- 18,200 sqft
- ~1 acre lot
- $101 per sqft
- 1999 build
- – on site
Sugar Pine Apartments is a stabilized, value-add 19 unit apartment building located in Holt, MI. The property consists of eighteen 1 bedroom apartments (800 square feet) one 3 bedroom unit (1,000 square feet) and 9 storage units. The property is 100% occupied grossing $17,295 per month. All 19 units are in one building - that was built in 1999. Each unit is equipped with a window air conditioning unit, along with baseboard heat. There are 28 parking spaces for the 19 units. The units are separately metered for electric which the tenant puts in their name. The heat is supplied through baseboard heat. The landlord pays for water, sewer and trash. Most properties in the area bill back for these utilities, so there is opportunity to increase value through collecting RUBS. The current owner has invested over $100,000 into the building this year including patching, sealing and striping the parking lot, 3 unit renovations, and exterior / common area CAPEX.
Last checked:
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Last updated Dec 22, 2024
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MLS# 20240081425 —
The Building
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Year Built:1999
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Contemporary
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Roof:Asphalt
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Levels:Two
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Basement:Finished
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Basement:true
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Foundation Details:Basement, BrickMortar
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Above Grade Finished Area:18200.0
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Below Grade Total Area:8000
Interior
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Fireplace:false
Room Dimensions
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Living Area:18200.0
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Living Area Source:Owner
Location
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Directions:Holt
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Cross Street:Aurelius
The Property
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Parcel Number:33250514151003
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:1.49
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Lot Size Area:1.49
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Lot Size Dimensions:175.80 x 336.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (360) 989-5395
- Office phone:
- (313) 209-2900
Taxes
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Tax Legal Description:(D 14-25) S 1/2 OF PCL DESC AS: BEG AT PT ON W LN 970.5 FT N OF W 1/4 POST SEC 14, TH N ON SEC LN 351.6 FT, TH E 369 FT, TH S 351.6 FT, TH W 369 FT TO POB, SEC 14, T3NR2W.
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Tax Assessed Value:313200
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Tax Annual Amount:21912.0
Baths
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Bathrooms Total:19
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Bathrooms Full:19
Heating & Cooling
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Heating:Baseboard, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Holt
The Community
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Call
Parking
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Attached Garage:false
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/9/24
Dec 9, 2024
|
Pending | REALCOMP | $1,850,000 | |
|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | $1,850,000 |
