$550,000
Accepting Backup Offers

103121 John Street

Parma, MI 49269
1.30 acres | #24048171
Browse 9 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

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 Details
      • Lot DescriptionLevel
    • Measurements
      • Acres1.3
  • Construction Details
      • Property TypeMulti-Family
      • BasementSlab
    • Condition
      • Year Built1978
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Natural Gas Connected, Electricity Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictWestern
      • CountyJackson
  • Financial Details
      • Original List Price$550,000
      • Days on Market (Cumulative)75
  • Other
      • MLS #24048171

Location

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© MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: MichRIC

Listing Courtesy
Listing Agent: Doug Beiswanger (#jx425012)
Listing Office: BNR Real Estate Group (#jx0450)

Joseph DarwishRe/Max Platinum
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.