1710 E G Ave Parchment, MI 49004
Property details
About 1710 E G Ave
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 1bedroom, 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 recentlyrenovated. 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!
Highlights
Summary
- MLS Number: 65025013117
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: MOXIE Real Estate + Development
- Office Phone: (616) 890-7794
- Listing Agent: Connor Anderson
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Last updated on: 4/17/2025, 6:11:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
1710 E G Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $259,200 | $11,098 |
History based on county public records data.
Nearby schools
5
Parchment North Elementary School
Public District 4-5
1.5 mi
•5535 Keyes Dr
6
Parchment Central Elementary School
Public District PK-3
2.3 mi
•516 N Orient St
7
Parchment Northwood Elementary School
Public District PK-3
2.4 mi
•600 Edison St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,667. Most Parchment, MI residents have annual incomes between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
This home is located at 1710 E G Ave in Parchment, MI and zip code 49004. Features: 0 bathroom. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $1,600,000.
While more than 25 listings in Parchment, MI in March 2025 were sold above asking price, there were more than 35 listings sold at asking price, and more than 48 were sold below. The number of listings in Parchment, MI increased by 3.8% between February and March 2025. In March 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $233,676.