$1,600,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.86
Open Houses
-
year built
1973
Full Baths
0
Half Baths
0
Rare 16 unit multi-family property offering a fantastic investment opportunity. Current gross rents of around $15,000 a month. Market rents are around $18,000 a month, so some room for value add. There are 11 units with 2 bedroom and 1 bath and 5 units with 1
bedroom, 1 bath. This property has an assumable mortgage at an interest rate well below current market rates providing a great cash flow opportunity. 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!
| Location | |
| Subdivision | - |
| County | Kalamazoo |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25013117
Listing agent:
Connor Anderson
Listing broker:
Moxie Real Estate + Development
(616) 890-7794
Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, April 4 2025 at 12:58 p.m. EDT
Kotohomes National