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$550,000 for Sale

103-121 john, parma, MI 49269

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Property 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.
General Information
Sale Price: $550,000
Price/SqFt: $50
Status: Active
MLS#: 70430622
City: sandstone twp
Post Office: parma
Schools: western school district
County: Jackson
Acres: 1.3
Lot Dim: 390x145
Bedrooms:
Bathrooms:
Size: 11,004 sq.ft.
Acreage: 1.3 est.
Year Built: 1978
Features & Room Sizes
Basement:  No
Heating:  Baseboard,Forced Air
Tax, Fees & Legal


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the 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. Listing By: Doug Beiswanger of BNR Real Estate Group

This listing last updated: Mon, September 30, 2024 at 8:42:54 PM EDT

MIRealSource Listing Data Last Updated On Tuesday, November 12 2024 at 2:17pm
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Listings presented by:
Doug Beiswanger
BNR Real Estate Group
Call: (517) 914-9555

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