MLS Public Remarks Great investment opportunity in the Kalamazoo area. This 8 unit home complex are all 1 bedroom 1 bath units and approximately 700 sq ft each. Back lot parking area as well. This home is 5 minutes away from US 31 Highway and West main making traveling convenient and easy. Western Michigan University, Bronson Hospital, Kleinstuck Preserve/Nature Trail, Upjohn Playground, Crow's Nest are all in close proximity to this property. Because of the location, this property is almost 100% occupied at all times. Each unit currently rents for $700 per month, that's $5,600 monthly gross income. Average rent in the area for 1 bedroom units with 690-703 sq ft rent for $840 per month on average in nearby apartments. If your looking for a great investment please call us for more details.
http://www.www.johnstoneandjohnstone.com.com/23002302
Directions W Vine between S Rose street and S Park street. 6 miles off from US 131 onto Business 131
Fin Below Grd SqFt 0
Total Fin SqFt 0
Price/SqFt $0
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 10
Sub Property Type 5+ Units
Year Built 1885
Days on Market 10
Land Assessment -
Improvements -
Net Taxes $8169
Acreage 0.22
Taxes $8169.0
Tax Year 2022
Summer Taxes -
School District Kalamazoo
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Number of Units 8
Waterfront N
For Lease/Rent N
Est. Total Acres 0.22
WaterFrontage
0
Heating Forced Air, Natural Gas
Water Public
Basement N
Heating Forced Air, Natural Gas
Garage 0.0
Basement details Basement
Terms/Misc. Cash, Conventional
Possession Subject To Tena
Exterior Materials Aluminum Siding
Status Change Date 04/12/2023
Listing Date 01/24/2023
Internet/IDX Y
Pending Date 03/08/2023
Co-Listing Agent Name Richard Dawdy
Named Exceptions N
Proposed Close Date 02/02/2023
Listing Office
Five Star Real Estate - Ludington
Office Address
513 S James St
Listing Number
23002302
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