2364 N Parma Rd

Parma Twp, MI 49269
  • $395,000

    Price
  • 9

    Bed
  • 9

    Acre

About the Listing 555009318532 - 55195309154349

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

Listing Highlights

Status Active
Days on Site 72
Property Type Multi-Family
MLS ® 55026036238
Year Built 1970
Lot/Acreage 9
County Jackson
School District Western

Interior Details

  • Bedrooms: 9
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Crawl
  • Other: Forced Air
  • Water: Well (Existing)

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 425x299x390x954x269x916x228x33
  • Zoning: Agricultural
  • Roof:
  • Others: Private
  • Sewer: Septic Tank (Existing)

Financial Details

  • Tax Amount: $3,016
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 000062542600300
  • Tax Year: N/A

Payment Calculator

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2364 N Parma Rd Parma Twp, MI 49269

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Originating MLS: Jackson Area Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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