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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Sandi Smith

Sandi Smith

Trillium Real Estate

+1(734) 216-6414
$ 1,600,000
Est. payment /mo
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Active

1710 E G Avenue Parchment, MI 49004

0.86 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Parchment City

MLS Listing ID 25013117

Year Built 1973

Annual Tax Amount $12,534

Tax Year 2024

Lot Size 0.860 Acres

Acres 0.86

Property Sub-Type 5+ Units

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 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!

Location

State MI

County Kalamazoo

Area Greater Kalamazoo - K

Direction South on Riverview Dr, East on G Ave.

Rooms

Basement Full

Interior

Heating Baseboard, Hot Water

Cooling Wall Unit(s)

Fireplaces Number 1

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 32

Building

Lot Description Level

Sewer Public Sewer

Water Private Water

Structure Type Vinyl Siding

New Construction No

Schools

School District Parchment

Others

Tax ID 06-02-201-040

Acceptable Financing Cash, Assumable

Listing Terms Cash, Assumable


Listed by MOXIE Real Estate + Development