Parchment, MI Multifamily Home for Sale

Rare 16 unit multi-family property offering a fantastic investment opportunity. Current gross rents of around $15,000 a month. Market rents are around $18,000 a month, so some room for value add. There are 11 units with 2 bedroom and 1 bath and 5 units with 1bedroom, 1 bath. This property has an assumable mortgage at an interest rate well below current market rates providing a great cash flow

Connor Anderson MOXIE Real Estate + Development