MLS Public Remarks  Rare opportunity to own an income-producing 7 unit apartment building in Downtown Kalamazoo. With limited multifamily product in downtown Kalamazoo and the proximity to Kalamazoo's proposed $300M+ events center, this Airbnb has tons of upside to convert to long-term leases and implement a utility bill back/RUBS program to recapture some of the utility expense or continue operating as a fully furnished Airbnb. Having gone through extensive renovations this property has a new roof, newer windows, exterior renovations and updated apartments. Don't miss out on this turnkey investment with a proven track record and tons of potential. Property is sold fully-furnished with all Airbnb furniture.

http://www.www.johnstoneandjohnstone.com.com/24014226

AGENT/COMPANY DETAILS  

LOCATION  

Township  Kalamazoo City

Directions  Kings Highway North to 4th Street to Mills St. Property Near Corner of Mills and 4th St.

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  0

Price/SqFt  $0

Unfinished SqFt  0

Above Grade Finished SqFt  0

CDOM  57

Sub Property Type  5+ Units

Year Built  1903

Days on Market  51

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  -

Net Taxes  $3285

Acreage  0.23

Taxes  $3285.0

Tax Year  2023

Summer Taxes  -

School District  Kalamazoo

Winter Taxes  -

LOT DESCRIPTION  

Lower Level Square Footage  0

Waterview  N

Number of Units  7

Waterfront  N

For Lease/Rent  N

Est. Total Acres  0.23

Lot Dimensions  150 X 135 X175

WaterFrontage   0

INTERIOR FEATURES  

Heating  Natural Gas, Wall Furnace

Cooling  Window Unit(s)

Basement  N

Heating  Natural Gas, Wall Furnace

EXTERIOR FEATURES  

Garage  0.0

Basement details  Other

Sewer  Public Sewer

Parking Desc  Paved, Unpaved

Garage Desc  Paved, Unpaved

Terms/Misc.  Cash, Conventional

Possession  Close Of Escrow

Exterior Materials  Brick

DETAILS  

Status Change Date  03/25/2024

Listing Date  03/25/2024

Internet/IDX  Y

Named Exceptions  N

LISTING OFFICE DETAILS  

Listing Office   Moxie Real Estate + Development

Office Address   7282 Old Mission Drive Ne

Listing Number   24014226

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Wednesday, May 15, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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