1710 E G Avenue Parchment, MI 49004

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.

• General Features
  • Year Built 1973
  • Property Sub Type 5+ Units
  • County Or Parish Kalamazoo
  • New Construction Y/N false
  • Tax Annual Amount 16700.0
• Building Features
  • Cooling Wall Unit(s)
  • Cooling Yn true
  • Heating Baseboard, Hot Water
  • Heating Y/N true
  • Number Of Units Total 16
  • Roof Composition
  • Bathrooms 0
  • Parking Total 32.0
• Property Features
  • Road Surface Type Paved
  • Number Of Buildings 1
  • Lot Size Area 0.86
  • Lot Size Acres 0.86
  • Utilities Natural Gas Connected
  • Waterfront Y/N false
• Schools
  • High School District Parchment