Ignite FB Tracking Pixel1710 E G Avenue, Parchment, MI 49004 - Roy S Callan
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listing
1 of 47
MultifamilyFor Sale
$1,950,000
1710 E G Avenue
Parchment, MI 49004
Listed by: Keller Williams GR East, (616) 575-1800
MLS: Greater Regional Alliance of REALTORS®
Est. Mortgage
$10,166/mo

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.

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IDX provided courtesy of Realcomp II Ltd. via Roy S Callan and Greater Regional Alliance of REALTORS®, ©2024 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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