



16 unit multi-family property offering a fantastic investment opportunity. 15 of 16 units currently rented and at less than market rents so there is room for value add. The current mortgage is assumable with a 6.11% interest rate. There are 11 units with 2 bedroom and 1 bath and 5 units with 1 bedroom, 1 bath. The majority of the units have interiors that have been recently renovated. The property is conveniently located near Parchment High School and Elementary School along with numerous manufacturing companies and easy access to Gull Road. Don't miss out!
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $17099 | AUD $24,564* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
Email enquiry to ReSIDE Grand Rapids
Property ID: 110109101516
Original Property ID: 3yd-GRARMI-26032526