103121 John Street

Parma, Michigan 49269

  • 2 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 1.3
    Acres(Lot)
$550,000

Description

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 bathroom. 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.

  • Property Type

    Multifamily

  • County

    Jackson

  • Style

    Multifamily

  • AD ID

    46896132

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Property Details

  • Interior Features

    • Laundry Facility,Cable Available
    • Roof : Composition,Other

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard,Forced Air
    • Heating Fuel: Electric,Natural Gas

  • Building Information

    • Year Built: 1978
    • Total Units: 12
    • Roof: Composition,Other
    • Foundation/Basement: Slab

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 1.30
    • Dimensions: 390x145

    Property Information

    • Financing: Cash,Contract,Conventional,Trade/Exchange

  • Listing Price Information

    • Original List Price: $550,000

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: 002-07-31-160-001-00, 002-07-31-160-002-00, 002-07-31-160-015-00. Village of Parma, Sandstone Township, Jackson County.

  • Tax Information

    • Annual Tax: $14,200
    • Parcel Number: 002073116000100

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: 002-07-31-160-001-00, 002-07-31-160-002-00, 002-07-31-160-015-00. Village of Parma, Sandstone Township, Jackson County.

  • Parking Information

    • Parking: 30

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 12/18/2024 @ 04:48

  • MLS: 614315915
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 2 bedrooms which is recently sold, it has 0 sqft, 1 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Parma , in zip code 49269, this Jackson County Multifamily and are nearby neighborhoods.