$1,600,000

1710 E G Avenue , Parchment, MI 49004

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):0 sqft
Lot:0.86
Year Built:1973
Listing Status:Active

Listing Agent

Connor Anderson
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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!

Detailed Items

Other Information

1710 E G Avenue, Parchment, MI, 49004 is a (none specified) listing of 0 sqft on a lot of 0.86. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1710 E G Avenue, Parchment, MI
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