Listing Courtesy of: Doug Beiswanger - BNR Real Estate Group
517-435-1500
$550,000
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John Street Parma, MI 49269
Other
Residence
Beds
Baths
Sq. Ft.
1.3
Acre
Lot
Property Activity
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Located in popular Western School District, this 12 unit property is available for its new owner operator. Current CAP Rate approx. 11%. Growth potential to drive CAP Rate higher. Each building provides four units. Each unit provides living room, kitchen with appliances, two bedrooms, and one bathro...om. Ample parking space for all tenants. 8 units updated in the last year. Large yard area for entertaining. Property offers easy access for eastbound and westbound commuters.
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MLS#
24048171
Property Type
Other
Year Built
1978
Lot Size
1.3
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