Parchment, MI 49004,1710 E G Avenue
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Parchment, MI 49004,1710 E G Avenue
Parchment, MI 49004,1710 E G Avenue
Parchment, MI 49004,1710 E G Avenue
Parchment, MI 49004,1710 E G Avenue
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$ 1,600,000
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1710 E G Avenue Parchment, MI 49004

2 Beds

0.86 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025013117

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1973

Annual Tax Amount $12,534

Lot Size 0.860 Acres

Acres 0.86

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

Direction South on Riverview Dr, East on G Ave.

Interior

Heating Baseboard, Hot Water

Cooling Wall Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 32.0

Roof Type Composition

Road Frontage Paved

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Other

Structure Type Vinyl

Schools

School District Parchment

Others

Pets Allowed Yes

Tax ID 0602201040

Acceptable Financing Assumable (Asm-Lend App), Cash, Other

Listing Terms Assumable (Asm-Lend App), Cash, Other

Financing Assumable (Asm-Lend App),Cash,Other


Realcomp MLS
Listed by Connor Anderson of MOXIE Real Estate + Development
agent

Katie Wright

Broker Associate | License ID: 387021

+1(248) 403-3182

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1710 E G Avenue