1710 E G AvenueParchment City, MI 49004

Description

16 unit multi-family property offering a fantastic investment opportunity. 15 of 16 units currently rented and at less than market rents so there is room for value add. The current mortgage is assumable with a 6.11% interest rate. There are 11 units with 2 bedroom and 1 bath and 5 units with 1 bedroom, 1 bath. 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!

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1973

Lot size

0.86 acres

Lot dimensions

0x0

Parking spaces

32

Days on market

108

MLS^® Listing#

65026032526

Property Features

Cooling

Wall Unit(s)

Heating

Baseboard · Hot Water · Natural Gas

Basement

Full

Parking

Shared Driveway

Lot features

Level

Construction

Vinyl Siding

Roof

Composition

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Sewer Available

Sewer

Public Sewer

Water source

Private

Financial Details

Annual taxes

$17,099Tax year 2025

Assessed value

$249,000

Parcel number

0602201040