2364 N Parma RD, Parma Twp, MI 49269
2364 N Parma RD, Parma Twp, MI 49269
2364 N Parma RD, Parma Twp, MI 49269
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Matthew Stransky

Matthew Stransky

+1(248) 765-8788
$395,000
Est. payment /mo
3,620 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,620 sqft

Price per Sqft $109

MLS Listing ID 55026036238

Year Built 1970

Lot Size 9.000 Acres

Acres 9.0

Property Sub-Type MultiFamily

Property Description

Investment opportunity featuring a small, fully occupied mobile home park with stable cash flow. The property includes three separate parcels totaling approximately 9 acres, with five mobile homes on site. The seller owns four of the homes and receives lot rent from the fifth. Current gross annual income is approximately $54,540, with estimated annual operating expenses of $20,000 for taxes, insurance, maintenance, and repairs. The homes are approximately 30-40 years old, have been rebuilt or updated, and are in average to good condition with no known major deferred maintenance. Owner-paid utilities apply to the duplex units. The property is supported by three wells and four septic systems and offers convenient access to the highway and the Village of Parma. Additional vacant acreage may provide potential for future home sites or other uses, subject to municipal and zoning approval. Seller prefers owner financing through a land contract, with terms subject to negotiation and approval

Location

State MI

County Jackson

Area Area12061Parmatwp

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features Gravel

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Building

Lot Description Wooded

Foundation CrawlSpace

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Western

Others

Acceptable Financing Cash, Contract, Conventional, VaLoan

Listing Terms Cash, Contract, Conventional, VaLoan

Special Listing Condition Standard

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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2364 N Parma RD

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