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Sold
  • $325,000

    2708 Nichols Rd, Kalamazoo, MI 49004

    2beds
    1baths
    900sqft
    2 to 4 Units
    Built in 1974
    -- sqft lot
    $334,100 Zestimate®
    $361/sqft
    $1,088 Estimated rent

    Home value

    $334,100

    $307,000 - $361,000

    $1,088/mo

    Zestimate® history
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    What's special

    MULTIFAMILY INVESTMENT OPPORTUNITY: This multifamily property offers 4 units of approx. 900 SF - 2 units are garden-level - featuring 2 bedrooms/1 bathroom with exterior entrance, gas boiler baseboard heat, split-system wall A/C units, and 1 unit with dishwasher. Building is stick-built, vinyl-sided, 2-story construction situated on a 0.30-acre parcel on Kalamazoo's northwest side. Additional amenities include interior common entrance, common-area stackable washer/dryer, on-site parking (approx. 10 spaces), and common-area janitorial, lawncare, and parking lot snow removal services. Tenants are responsible for unit electric, telephone, cable/data, and rental insurance. Location offers a suburban feel close to downtown Kalamazoo, WMU and Kalamazoo College, as well as the W. Main St./N. Drake Rd. retail corridor. Great rental history. 100% occupied with month-to-month leases.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jodi K Milks 269-459-0439,

    NAI Wisinski of West Michigan

    Bought with:

    Jeff Bertolissi, 6502334351

    Berkshire Hathaway HomeServices MI

    Source: MichRIC,MLS#: 24039575MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Common Area, See Remarks
    Features
    • Basement: Slab
    Interior area
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Asphalt, Driveway
    Lot
    • Size: 0.3 Acres
    • Dimensions: 110.50' x 130'
    • Features: Level, Corner Lot
    Details
    • Parcel number: 0605310270
    • Zoning description: RM-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Kalamazoo

    Financial & listing details

    • Price per square foot: $361/sqft
    • Tax assessed value: $71,922
    • Annual tax amount: $5,479
    • Date on market: 7/31/2024
    • Listing terms: Cash
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/1/2024Sold$325,000-1.2%$361/sqft
    Source: MichRIC #24039575 Report a problem
    8/12/2024Pending sale$329,000$366/sqft
    Source: MichRIC #24039575 Report a problem
    7/31/2024Listed for sale$329,000+246.3%$366/sqft
    Source: MichRIC #24039575 Report a problem
    7/23/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/2/2024Listed for rent$875$1/sqft
    Source: Zillow Rentals Report a problem
    5/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/1/2023Listed for rent$875$1/sqft
    Source: Zillow Rentals Report a problem
    4/17/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/13/2023Listed for rent$875$1/sqft
    Source: Zillow Rentals Report a problem
    7/15/2010Sold$95,000+5.6%$106/sqft
    Source: Public Record Report a problem
    5/28/2010Price change$90,000-50.8%$100/sqft
    Source: foreclosure.com Report a problem
    5/15/2010Listed for sale--
    Source: foreclosure.com Report a problem
    10/8/2009Sold$182,930-8.5%$203/sqft
    Source: Public Record Report a problem
    6/1/2006Sold$200,000+17.7%$222/sqft
    Source: Public Record Report a problem
    2/1/2006Sold$169,900$189/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,515 +30.9%$109,500 +3.2%
    2025$5,743 +4.8%$106,100 +1.2%
    2024$5,479 $104,800 +5.9%
    2023-- $99,000 +10.9%
    2022-- $89,300 +5.9%
    2021-- $84,300 +6.3%
    2020-- $79,300 +12.3%
    2018-- $70,600 +5.1%
    2017-- $67,200 +6%
    2016-- $63,400 +1.6%
    2015-- $62,400 +4.5%
    2014-- $59,700 +1.4%
    2013-- $58,900 -2%
    2012-- $60,100 -9.2%
    2011-- $66,200 -6%
    2010-- $70,400 -4.6%
    2009-- $73,800 -7.9%
    2008-- $80,100 +14.6%
    2004-- $69,900 +4%
    2003-- $67,200
    Find assessor info on the county website

    Neighborhood: 49004

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $334,100
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    Estimated market value
    $334,100