1710 E G Avenue 1710 E G Avenue Parchment, Michigan 49004 United States
$1,950,000
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This 16-unit multi-family property, located just outside Kalamazoo in the thriving Parchment community, presents a prime opportunity for cash flow and long-term growth. The property features 11 two-bedroom, one-bath units, and 5 one-bedroom,...
- .86 Acres
- Exterior
- Single Family Homes
- Property type
- 1973
- Year Built
- 24056680
- Web Id
- 24056680
- MLS ID
- 9
- days ago
About 1710 E G Avenue
This 16-unit multi-family property, located just outside Kalamazoo in the thriving Parchment community, presents a prime opportunity for cash flow and long-term growth. The property features 11 two-bedroom, one-bath units, and 5 one-bedroom, one-bath units, all fully renovated along with the common areas. Currently, 15 units are tenant-occupied, and the final unit is in the process of being leased, with several applications submitted. Recent improvements include a resurfaced parking lot, new roof, boiler, and AC units, ensuring low maintenance and minimal future capital expenditures. Conveniently located near Parchment High School, Elementary School, and major manufacturing companies, the property offers easy access to Gull Road and nearby shopping. This is a true turnkey investment offering immediate cash flow, enhanced by an assumable mortgage with a below-market interest rate for maximum profitability.
Listing Courtesy of Keller Williams GR East, MICHRIC MLS
10/29/20 14:42:39
Listing Courtesy of Keller Williams GR East, MICHRIC MLS
10/29/20 14:42:39
PROPERTY INFORMATION
- Basement
- Full
- Cooling
- Wall Unit(s)
- Heating
- Baseboard, Hot Water
- Sewer
- Public Sewer
EXTERIOR
- Construction
- Vinyl Siding
- Roofing
- Composition
ADDITIONAL INFORMATION
- Number of Units
- 16
Listing Courtesy of Keller Williams GR East