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$230,000
6
beds

12631 - 12 W Michigan Ave
Parma, Michigan 49269

Closed / MLS #21035254 / Multiple Unit (2-4) / Parma
Listing information updated 7/23/2021 at 9:06am
EXCELLENT INVESTMENT OPPORTUNITY - Well maintained, fully rented, 7 Unit Apartment Complex in Parma & Western School District. A unique investment opportunity with all units leased & gross rents totaling over $3,000 per month. Cedar Lane Apartments consists of two well maintained apartment buildings & carport structure on 1.3 acres. 12631 W. Michigan is located in the back & is a Bi-Level design with 2 apts up & 2 down. 12633 W. Michigan has 2 one bedroom apts down & 1 large 2BR apt up. Most of the units have long term tenants. Owner pays for trash removal, water softener rental, electricity for the common areas, & maintenance. Tenants pay their own utilities. Net income does not include management fees or maintenance. All leases run from Jan-June 2019. Minimum of 24-48 hour notice
Exterior Type:
Brick,Wood Siding
Basement:
Slab
Beds Above Grade:
6
Heating System:
Electric, Natural Gas, Forced Air
Pool:
No
Age:
47 Years
Room Count:
7
Water Front:
No
Square Feet:
N/A
Lot Size:
1.37 acres
Acreage:
1.3700
Tax Amount:
$3,874
Tax Year:
2018
Zip Code:
49269
City:
Parma
County:
Jackson
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Key Realty One

Listing Office Phone: 734.273.9083

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Parma, MI

Parma is located in Jackson County, Michigan. It has a population of almost 800. Parma is near the community of Spring Arbor and the village of Springport....
$256,027
Average Sale Price
94
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 12631 - 12 W Michigan Ave, Parma, MI 49269
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12631 - 12 W Michigan Ave, Parma, MI 49269 is a multiple unit (2-4) which sold for $230,000. 12631 - 12 W Michigan Ave features 6 Beds, 0 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since November 28th, 2018 and was built in 1974.

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