2364 N Parma

Parma, MI 49269
  • $395,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 3,620

    SqFt

About the Listing 3460 - MR78215

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 16
Property Type Multi-Family
MLS ® 70545913
Year Built 1970
Total Square Footage 3,620
Lot/Acreage 9

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3620
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Wooded
  • Garage Capacity: N/A
  • Lot Dimensions: 425x299x390x954x269x916x2
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $3,016
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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2364 N Parma Parma, MI 49269

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Originating MLS: Jackson Area Association of REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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