Overview
- Updated On:
- July 6, 2026
Description
16 unit multi-family property offering a fantastic investment opportunity. 14 of 16 units currently rented at less than market rents so there is room for value add. Owner is willing to do seller financing and the current mortgage is assumable with a 6.11% interest rate. There are 11 units with 2 bedroom and 1 bath and 5 units with 1 bedroom, 1 bath. 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!
Property Id: 1787874
Price: $ 1,290,000
Property Lot Size: 1 ac
MLS #: 26032526
Other Features
Has Cooling System
Has Heating System
$ 6,614.09
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 5,001.59
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