$1,950,000
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Address not provided Parchment, MI 49004
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.86
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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.
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Source MLS
MiRealSource
Originating MLS
Greater Regional Alliance of REALTORS
MLS#
70439124
Property Type
Multi-Family
Year Built
1973
Lot Size
0.86
Sewer
Public Sewer
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