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$ 1,200,000
Est. payment | /mo
0.31 Acres Lot
$ 1,200,000
Est. payment | /mo
0.31 Acres Lot
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66026009891
Year Built 1905
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type MultiFamily
Property Description
Unique opportunity to own an historical gem in the heart of Kalamazoo's Vine Neighborhood. This 15 unit 3 story brick apartment building has had significant capital improvements over the years while maintaining it's 1907 character. 9 of the 15 units have had kitchen and bathroom remodels. Hardwood floors and built ins are featured in many units. Building features (9) 1 bedroom units, (5) 2 bedroom units, and a 4 bedroom unit. New electrical panel upgrades for all 15 units, back up electric heating systems in 4 units and 2 commercial water heaters, Rents have increased year over year. Historically fully occupied. Certification through 7/31/27. Seller is a licensed Realtor in the State of MI.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Rooms
Basement Full
Interior
Heating Hot Water, Natural Gas
Fireplace No
Laundry CommonArea, InBasement
Exterior
Parking Features Gravel
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Rubber
Building
Lot Description CornerLot
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Joseph Lukeman of Lukeman Group LLC