Prime investment opportunity in the highly desirable Vine Neighborhood of Kalamazoo! This well-maintained 3-unit multi-family property offers a strong rental history and currently grosses $3,450 per month, making it an excellent addition to any investor's portfolio. The property features an ideal unit mix including one 1-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, appealing to a wide range of tenants. Each unit has been well updated and maintained, providing comfortable living spaces while minimizing immediate capital expenditures. Located in a prime Vine Neighborhood location, the property is just minutes from downtown Kalamazoo, with easy access to restaurants, shops, and entertainment. It is also walkable to Western Michigan University and Kalamazoo College, making it highly attractive for student and young professional renters alike. With its strong rental income, desirable location, and updated units, this property presents a rare opportunity to own a turnkey multi-family investment in one of Kalamazoo's most sought-after rental markets.
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Zillow last checked:
Listing updated:
Listed by:
Adam Atwood269-377-4589,
Five Star Real Estate269-377-4589
Source: MichRIC,MLS#: 26009489
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Heating
Forced Air
Cooling
Wall Unit(s)
Appliances
Laundry: In Basement
Features
Basement: Daylight,Full
Property
Parking
Total spaces: 6
Lot
Size: 8,712 Square Feet
Dimensions: 66 x 132
Features: Sidewalk
Details
Parcel number: 39000621226389
Zoning description: Residential/Mul
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Wood Siding
Roof: Composition
Condition
New construction: No
Year built: 1884
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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