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Kalamazoo,MI 49007
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24058041
Year Built 1924
Annual Tax Amount $24,636
Tax Year 2023
Lot Size 10,890 Sqft
Property Sub-Type 5+ Units
Property Description
Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings—8-unit, 6-unit, 4-unit, and 3-unit properties—this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to a a new one. MLS 24057862, 24057863, 24057861 and 24057860 a new one. MLS 24057862, 24057863, 24057861 and 24057860
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Interior
Heating Forced Air
Cooling None
Fireplaces Number 4
Exterior
Parking Features Unpaved
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Storm Sewer
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Structure Type Brick,Wood Siding
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional