103-121 John Street, Parma, MI 49269 (MLS # 24048171)

PRICE	$550,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	1.30 ac

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.

DAYS ON MARKET	70	LAST UPDATED	9/30/2024
YEAR BUILT	1978	COMMUNITY	Jackson County - JX
COUNTY	Jackson	STATUS	Conditional
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	Window Unit(s)
AIR CONDITIONING	Yes
AREA	Jackson County - JX
CONSTRUCTION	Vinyl Siding
FIREPLACE	Yes
HEAT	Baseboard, Forced Air
LOT	1.3 acre(s)
LOT DESCRIPTION	Level
LOT DIMENSIONS	390x145
PARKING	Driveway, Gravel
SEWER	Public Sewer
TAXES	14200
UTILITIES	Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected
ZONING	Commercial

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Listing provided by BNR Real Estate Group, Doug Beiswanger

Updated 11/21/24 4:03 AM PST

Information Deemed Reliable But Not Guaranteed.

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