114 E Thomas Street
Parchment, MI 49004

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Description

Solid brick 8-unit apartment building, fully occupied with on-site management. Each unit features 1 bed, 1 bath, private storage, and outdoor parking. Coin laundry for tenant convenience. Strong rental history and low-maintenance design make this a solid, income-producing investment opportunity.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49004
• Year Built: 1960
• School District: Parchment
• Units: 8 units
• Basement: Walk-Out Access, Yes, Yes
• # of Parking Spaces: 8
• Lot Size: 13068 sq ft lot
• Construction Materials: Brick
• Cross Street: Riverview & corner Thomas
• Directions: E. Michigan Ave to N Riverview DR. to E Thomas - on right.
• Driveway: Gravel
• Heat Source: Electric
• Heat Type: Baseboard
• Heating: Baseboard
• Homestead%: 100
• Lot Size Area: 0.3
• Lot Size Square Feet: 13068
• Lot Size Units: Acres
• MLS Area Major: Greater Kalamazoo - K
• MLS Area Minor: Greater Kalamazoo - K
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 1
• Owner Pays: Electricity, Sewer, Trash Collection, Water
• Parcel Number: 0602140390
• Parking Features: Gravel
• Road Frontage: 137
• Road Surface Type: Paved
• Roof: Composition
• SEV: 131600
• Sewer: Public Sewer
• Spec Assessment Ty: None Known
• Street Type: Paved
• Tax Annual Amount: 5422
• Tax Legal Description: ELMHURST PARK LOT 104
• Tax Year: 2025
• Tenant Pays: Gas
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 5774
• Township: Parchment City
• Util Availat Street: Electricity Available
• Utilities: Electricity Connected, Electricity Available
• Water Source: Public Water