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$ 375,000
Est. payment | /mo
10,018 Sqft Lot
$ 375,000
Est. payment | /mo
10,018 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66026013776
Year Built 1905
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type MultiFamily
Property Description
This well-maintained 6-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $5,350.Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry InBasement
Exterior
Parking Features Gravel, SharedDriveway, Unpaved
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Lot Description FlagLot
Foundation MichiganBasement
Sewer Public Sewer, Sewer At Street, Storm Drain
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Adam Atwood of Five Star Real Estate