1 month on rocket

1710 E G Ave, Parchment, MI, 49004

$1,950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1710 E G Ave, Kalamazoo$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingSharedDriveway
Year Built1973
HeatingBaseboard, Hot Water, Natural Gas
CoolingWall Unit(s)
BasementYes
MLS #65024056680
Lot Size0.86 Acres
StatusActive

About 1710 E G Ave

This 16-unit multi-family property, located just outside Kalamazoo in the thriving Parchment community, presents a prime opportunity for cash flow and long-term growth. The property features 11 two-bedroom, one-bath units, and 5 one-bedroom, one-bath units, all fully renovated along with the common areas. Currently, 15 units are tenant-occupied, and the final unit is in the process of being leased, with several applications submitted. Recent improvements include a resurfaced parking lot, new roof, boiler, and AC units, ensuring low maintenance and minimal future capital expenditures. Conveniently located near Parchment High School, Elementary School, and major manufacturing companies, the property offers easy access to Gull Road and nearby shopping.This is a true turnkey investment offering immediate cash flow, enhanced by an assumable mortgage with a below-market interest rate for maximum profitability.

Property Details

Property Features

Property Information:

  • Year Built: 1973

Listing Office:

  • Office Name: Keller Williams GR East
  • Office Phone: (616) 575-1800
  • Listing Agent: Connor Anderson

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: SharedDriveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.86 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Natural Gas
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: South on Riverview Dr, East on G Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000

Tax Information:

  • Annual Amount: $10,987
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Kalamazoo, MI.

Map thumbnail provided by MapBox

Kalamazoo, MI

City

Med. Sold Price

$230.3K

Med. Price/SqFt

$141

Avg. Days On Market

22

# of Sold Homes

117

1710 E G Ave vs Kalamazoo

54 DAYS ON ROCKET

+32 Days

$1,950,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS
  • MLS Number: #65024056680

Listing Office:

  • Office Name: Keller Williams GR East
  • Office Phone: (616) 575-1800
  • Listing Agent: Connor Anderson

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:21:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,987$154,100
2020$11,098$154,900
2019$11,098$159,800
2018 - $182,700
2017 - $189,100

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-895062
5
/10

  • Parchment North Elementary School

  • 5535 Keyes Dr

  • 1.54 miles

  • Public District Grades 4-5

school-card-donut-895063
6
/10

  • Parchment Central Elementary School

  • 516 N Orient St

  • 2.28 miles

  • Public District Grades PK-3

school-card-donut-895064
7
/10

  • Parchment Northwood Elementary School

  • 600 Edison St

  • 2.44 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,667. The most common annual income of people living in Kalamazoo, MI is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49004›1710 E G Ave

This home is located at 1710 E G Ave in Parchment, MI and zip code 49004. This home, which was built in 1973, sits on a 0.86 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $1,950,000.

While more than 25 listings in Kalamazoo, MI in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 67 were sold below. The number of homes for sale in Kalamazoo, MI decreased by 4% between October 2024 and November 2024. In November 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $230,336.

From Rocket Homes Real Estate and based on county public records data.

More Resources