$325,000
$329,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
0.3 Acres Lot
SOLD DATE : 10/01/2024
Key Details
Sold Price $325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 66024039575
Sold Date 10/01/24
Bedrooms 1
Originating Board Greater Kalamazoo Association of REALTORS®
Year Built 1974
Annual Tax Amount $5,479
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 110.50' x 130'
Property Description
MULTIFAMILY INVESTMENT OPPORTUNITY: This multifamily property offers 4 units of approx. 900 SF - 2 units are garden-level - featuring 2 bedrooms/1 bathroom with exterior entrance, gas boiler baseboard heat, split-system wall A/C units, and 1 unit with dishwasher. Building is stick-built, vinyl-sided, 2-story construction situated on a 0.30-acre parcel on Kalamazoo's northwest side. Additional amenities include interior common entrance, common-area stackable washer/dryer, on-site parking (approx. 10 spaces), and common-area janitorial, lawncare, and parking lot snow removal services. Tenants are responsible for unit electric, telephone, cable/data, and rental insurance. Location offers a suburban feel close to downtown Kalamazoo, WMU and Kalamazoo College, as well as theW. Main St./N. Drake Rd. retail corridor. Great rental history. 100% occupied with month-to-month leases.
Location
State MI
County Kalamazoo
Area Kalamazoo Twp
Zoning Light Industrial
Direction Corner of Nichols Road and Barney Road in NW Kalamazoo.
Interior
Interior Features Laundry Facility, Cable Available
Heating Baseboard
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 10.0
Pool No
Waterfront no
Roof Type Composition
Road Frontage Paved
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Vinyl
Schools
School District Kalamazoo
Others
Pets Allowed Yes
Tax ID 0605310270
Ownership Corporate/Relocation
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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