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$ 399,000
Est. payment | /mo
9,583 Sqft Lot
$ 399,000
Est. payment | /mo
9,583 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 65026003014
Year Built 1895
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type MultiFamily
Property Description
Excellent 6-unit investment opportunity in a prime, highly desirable location overlooking Davis Street Field and the iconic Heritage Hall. This unique property features two buildings on one parcel, including a four-unit building and a duplex, offering a strong and versatile unit mix with two 1-bedroom units, two studios, one 2-bedroom unit, and one spacious 4-bedroom unit. Many of the apartments have been thoughtfully updated with fresh paint, new flooring, updated kitchens, stainless steel appliances, and granite countertops, providing modern appeal for today's tenants. Recent capital improvements include a fresh exterior paint job, a new furnace in 613 Unit C, and a new water heater for 613. One studio apartment presents an excellent value-add opportunity for future updates to further increase cash flow, making this property a compelling option for both seasoned and new investors alike.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry CommonArea, InUnit
Exterior
Parking Features Paved
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Building
Foundation MichiganBasement
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jeffrey Glover of Keller Williams Professionals