Parchment, MI 49004 1710 E G Avenue
$1,600,000
42 more
Presented By: Connor Anderson at MOXIE Real Estate + Development - (616) 890-7794
Home Details
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!
Presented By: Connor Anderson at MOXIE Real Estate + Development - (616) 890-7794
Interior Features for 1710 E G Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 1710 E G Avenue
Additional Parcels Y/NNo
CityParchment
Construction MaterialsVinyl Siding
CoolingWall Unit(s)
CountyKalamazoo
DirectionsSouth on Riverview Dr, East on G Ave.
Electric On Property Y/NNo
HeatingBaseboard, Hot Water
High School DistrictParchment
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSEC 2-2-11 BEG IN N LI 498.46 FT ELY OF N1/4 POST TH N 89-51'-10'' E 96.42 FT TH S 0-10'-28'' W 124 FT TH S 29-49' -32'' E 53.52 FT TH N 89-51'-10'' E 41.94 FT TH S 0-10'-28'' W 129.57 FT TH S 89-51'
Listing TermsCash, Assumable
Lot Size Square Feet37462.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-24T13:44:55Z
New ConstructionNo
Number Of Units Total16
Occupancy TypeTenant
OwnerPaysTrash Collection, Water, Sewer, Gas
PossessionClose Of Escrow
Property Subtype5+ Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount12534.0
Tax Assessed Value242130
Tax Year2024
Tenant PaysElectric
TownshipParchment City
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Waterfront Y/NNo
Year Built1973
Zoning DescriptionR-MUL
Exterior for 1710 E G Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.86
Lot Size Area0.86
Number of Buildings1
Open Parking Y/NNo
Road Surface TypePaved
SpaNo
Total Parking32.0
Water SourcePrivate Water
Additional Details
Price History
Stacey & Kristy - The HOME Team
Broker | High Performance Mentor | Expert Negotiator | Dynamic Duo
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