• Asking Price $1,950,000

  • 1710 E G AVE KALAMAZOO, MI 49004

  • Commercial / Resale (MLS)
1 of 47

Property Details for 1710 E G AVE, KALAMAZOO, MI 49004

Features

  • Lot Size: 37897 sq. ft.
  • Total Units: 12
  • Stories: 1.25
  • Heating: Baseboard,Hot Water
  • Exterior Walls: Wood Siding

Facts

  • Year Built: 01/01/1973
  • Property ID: 934292072
  • MLS Number: 24056680
  • Parcel Number: 06-02-201-040
  • Property Type: Commercial
  • County: KALAMAZOO
  • Legal Description: SEC 2-2-11 BEG IN N LI 498.46 FT ELY OF N1/4 POST TH N 89-51'-10" E 96.42 FT TH S 0-10'-28" W 124 FT TH S 29-49' -32" E 53.52 FT TH N 89-51'-10" E 41.94 FT TH S 0-10'-28" W 129.57 FT TH S 89-51'-10" W 165.01 FT TH N 0-10'-28" E 300.18 FT TO BEG
  • Zoning: R-M MUL
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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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Property Brokerage: Grand Rapids Market Center East 1555 Arboretum Dr. SE Ste 101 Grand Rapids MI 49546
Copyright © 2024 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.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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