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1710 E G Avenue

Parchment, MI 49004
  • $1,650,000
  • STATUS: Active
  • ON SITE: 198 Days
  • MLS #: 23030618
UPDATED: 56 min ago
$1,650,000
  • 3
    BEDS
  • 0.86
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,032
    SQFT
  • $1,599
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

School District:

Description

Rare 16 unit multi-family property offering a fantastic investment opportunity. Gross market rents of around $18,000 a month. 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!

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© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-03-04T19:57:25.413.
www.real5.com/homes/142598423
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1710 E G Avenue Parchment, MI 49004

  • Price: $1,650,000
  • Status: Active
  • On Site: 198 Days
  • Updated: 56 min ago
  • MLS #: 23030618
3
Beds
2
Baths
0
½ Baths
0.86
Acres
1,032
SQFT
$1,599
$/SQFT
1973
Built
Neighborhood:
Parchment City
County:
Kalamazoo
School District:
Parchment
Property Description
Rare 16 unit multi-family property offering a fantastic investment opportunity. Gross market rents of around $18,000 a month. 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!
Exterior Features

Construction Materials Vinyl Siding Driveway Shared Paved YN Yes Lot Features Level Parking Total 32 Road Surface Type Paved Roof Composition Waterfront YN No

Interior Features

Basement Full Basement YN Yes Cooling Wall Unit(s) Cooling YN Yes Heating Hot WaterBaseboardNatural Gas Heating YN Yes

Property Features

Auction Or For Sale For Sale Cross Street Riverview Dr Documents Available Listing Contract Listing Terms CashAssumableConventional New Construction YN No Owner Pays Trash CollectionElectricityWaterSewerGas Property Sub Type 5+ Units Sewer Public Sewer Tax Annual Amount 11287.66 Tax Year 2022 Tenant Pays None Utilities Public Sewer AvailableNatural Gas AvailableElectric AvailableNatural Gas ConnectedElectric Connected Zoning R-M MUL

Listing provided courtesy of Connor Anderson of Keller Williams GR East: 616-575-1800. © 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-03-04T19:57:25.413.
 
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