817 Pine Grove Ave
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817 Pine Grove Ave
4 Unit Block of Flats £344,200 (£86,050/Unit) 7.96% Net Initial Yield Port Huron, MI 48060
Executive Summary
Beautiful historic Victorian style 3 family income home and a beautiful Carriage home all located in prime location on edge of downtown Port Huron. All 4 units have spacious layouts, 2 bedrooms, full bathroom, natural gas heat, central air, stove, refrigerator, washer, dryer, city water/sewer and garbage, units have separate utilities. Excellent parking for tenants. All units are rented. Excellent opportunity for the investor. Must see to appreciate!
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £344,200 | Building Class | C |
| Price Per Unit | £86,050 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,537 SF |
| Net Initial Yield | 7.96% | Average Occupancy | 100% |
| No. Units | 4 | Number of Floors | 3 |
| Property Type | Residential | Year Built/Renovated | 1885/2012 |
| Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | £344,200 |
| Price Per Unit | £86,050 |
| Sale Type | Investment |
| Net Initial Yield | 7.96% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,537 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built/Renovated | 1885/2012 |
| Parking Ratio | 1.06/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
Site Amenities
- Gas Range
- Rubbish Collection - Kerbside
- Wi-Fi
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 4 | £821.57 | - |
1 of 1
Walk Score ®
Very Walkable (73)
zoning
| Zoning Code | Commercial |
| Commercial |
1 of 12
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817 Pine Grove Ave
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