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Richard Stewart

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

$ 625,000

Est. payment | -/mo

6 Baths

0.35 Acres Lot

Save

$ 625,000

Est. payment | -/mo

Save

6 Baths

0.35 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 26044786

Year Built 2008

Annual Tax Amount $18,026

Tax Year 2026

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 94 x 175

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Outstanding opportunity to acquire a well maintained, income -producing two unit property ideally located within walking distance to Western Michigan University. A total of 11 bedrooms and 6 full bathrooms, this property combines size, location, amenities, established leases and strong rental history. Property highlights include: Unit #1- 5 bedrooms/3 full baths. Unit #2- 6 bedrooms/ 3 full bathrooms. Both units include laundry room with a washer and dryer, garage parking and additional off street parking. Both units also include 1 stove and 2 refridgerators and 1 dishwasher. Strong rental history with income already in place and certified with the City of Kalamazoo. Unit 1327 has a 1 year lease and 1329 has a 2 year lease inplace. Acquire a multiple Income -producing units in a single transaction. Proximity to Western Michigan Unvirsity, generous bedroom count, garage and off street parking, in-unit laundry, appliances, current rental certificatin and established rental history distinguish this property from many smaller rental investments in the area distinguish this property from many smaller rental investments in the area

Location

State MI

County Kalamazoo

Direction Michigan north to East on Fraternity Village Drive

Rooms

Basement Full, Walk-Out Access

Interior

Heating Forced Air

Cooling Central Air

Laundry In Basement

Exterior

Parking Features Concrete, Driveway, Paved

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

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 11

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding,Other

New Construction No

Schools

School District Kalamazoo

Others

Tax ID 06-20-321-012

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by i-VEST Real Estate Group

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.

1327 Fraternity Village Drive Kalamazoo, MI 49006