1710 E G AVENUE
Parchment, MI 49004
0.86 acres | #25013117
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 1
bedroom, 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 recently
renovated. 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!
Property Details
- Utility FeaturesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
- Utility SourcePrivate Water
- Sewer InformationPublic Sewer
- Original List Price$1,600,000
- School DistrictParchment
- CountyKalamazoo
- MLS #25013117
- Property Subtype5+ Units
- MLS #25013117
- Cost1600000
- Lot DescriptionLevel
- Acres0.86
- BasementFull
- Year Built1973
- Days on Market (Cumulative)210
Location
Legal
© MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.
Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Connor Anderson (#gande1037)
Listing Office: MOXIE Real Estate + Development (#g176001)
Interested in Purchasing 1710 E G AVENUE?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
