United StatesMichiganParchment1710 E G Avenue

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,...

Keller Williams GR East

Listing Courtesy of Keller Williams GR East
$1,950,000
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.86 Acres
Exterior
Single Family Homes
Property type
1973
Year Built
24056680
Web Id
24056680
MLS ID
Parchment
School District
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

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
1710 E G Avenue, Parchment, Michigan 49004 United States is a Single Family Homes for Sale for $1,950,000 USD. Was built in 1973, has on a lot of .86 Acres and it's composed from Bedrooms, full baths

Keller Williams GR East

Listing Courtesy of Keller Williams GR East
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