REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 630,000
Est. payment | /mo
0.6 Acres Lot
$ 630,000
Est. payment | /mo
0.6 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70465913
Year Built 1972
Annual Tax Amount $6,199
Tax Year 2024
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 132x198
Property Sub-Type Multi-Family
Property Description
Excellent Investment Opportunity! This 8-unit multi-family property in Kalamazoo offers incredible long-term value with long-standing tenants, some of whom have been in place for decades. The building is well-maintained and thoughtfully updated, including a new hot water tank and boiler (2021), new carpet in the hallway, and a new exterior door. Several unit updates add further appeal: new refrigerators in Units 5 & 7 and new ranges in Units 4 & 8. Each unit includes its own private storage closet, and rents remain very affordable for tenants, helping ensure consistent occupancy. Conveniently located near bus lines, shopping, and schools--this property is ideal for both seasoned investors and those just starting to build their portfolio.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Baseboard, Hot Water
Exterior
Exterior Feature Vinyl Siding
Building
Structure Type Vinyl Siding
Schools
School District Kalamazoo Public School District
Others
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Jaqua, REALTORS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "