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Richard Stewart

richard@2693457000.com +1(269) 217-0411

$ 1,070,000

Est. payment | -/mo

0.38 Acres Lot

Save

$ 1,070,000

Est. payment | -/mo

Save

0.38 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Kalamazoo City

MLS Listing ID 26041511

Year Built 2014

Annual Tax Amount $20,911

Tax Year 2025

Lot Size 0.379 Acres

Acres 0.38

Lot Dimensions 125 x 132

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Unlock exceptional cash-flow potential of $12,650/month with this modern, purpose-built multi-family student housing asset positioned steps from the Western Michigan University (WMU) campus. Designed specifically for high-density student living, this 2014-built property maximizes rental income through an expansive unit layout tailored to student demand. Built across 4 multi-bedroom units hosting up to 22 total bedrooms with prime campus proximity in a high-demand student corridor, ensuring consistent, year-over-year occupancy. Updated and turnkey with low-maintenance slab foundation, vinyl siding, central air conditioning, and forced-air heating keep capital expenditures low all new in 2014. Spacious open-concept common areas and large bedrooms designed specifically for group living. Ample street parking with attached multi-car garages and a concrete driveway providing 22 total parking spaces, a major competitive advantage for tenant!

Location

State MI

County Kalamazoo

Direction Kimbark and Michigan

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Central Air

Laundry In Basement, In Garage

Exterior

Parking Features Concrete, Driveway

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 22

Building

Lot Description Level

Sewer Public Sewer

Structure Type Stone,Vinyl Siding

New Construction No

Schools

School District Kalamazoo

Others

Tax ID #06-20-313-032

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Keller Williams GR North

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

1201 Kimbark Avenue Kalamazoo, MI 49006