1710 E G Avenue Active Save Request In-Person Tour Request Virtual Tour
Parchment,MI 49004
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025013117
Bedrooms 2
Year Built 1973
Annual Tax Amount $12,534
Lot Size 0.860 Acres
Property Description
Rare 16 unit multi-family property offering a fantastic investment opportunity. Current gross rents of around $15,000 a month. Market rents are around $18,000 a month, so some room for value add. There are 11 units with 2 bedroom and 1 bath and 5 units with 1bedroom, 1 bath. This property has an assumable mortgage at an interest rate well below current market rates providing a great cash flow opportunity. The majority of the units have interiors that have been recentlyrenovated. The property is conveniently located near Parchment High School and Elementary School along with numerous manufacturing companies and easy access to Gull Road. Don't miss out!
Location
State MI
County Kalamazoo
Area Parchment
Zoning Other
Interior
Heating Baseboard,Hot Water
Cooling Wall Unit(s)
Exterior
Garage Spaces 32.0
Roof Type Composition
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Other
Structure Type Vinyl
Schools
School District Parchment
Others
Acceptable Financing Assumable (Asm-Lend App),Cash,Other
Listing Terms Assumable (Asm-Lend App),Cash,Other