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$275,000
Est. payment /mo
4 Beds
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66025046907
Bedrooms 4
Year Built 1890
Annual Tax Amount $7,872
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 66x198
Source Greater Kalamazoo Association of REALTORS®
Property Description
Investment Opportunity - 4-Unit Rental Property Near WMU & Kalamazoo College. Fully rented and ideally located, this well-maintained 4-unit property in the Vine neighborhood offers an excellent opportunity for investors seeking reliable cash flow. Just minutes from Western Michigan University, Kalamazoo College and downtown Kalamazoo, the property attracts consistent rental demand from students and professionals alike. Highlights include: 75% Occupancy - 3/4 leased with steady rental income. Prime Location - walking distance to campus, downtown Kalamazoo, restaurants, and shopping. Strong Rental Market - high demand area with long-term investment stability. Turnkey Investment - professionally managed and tenant-ready. This property combines location, stability, and income potential in one package. Whether you're adding to your portfolio or stepping into multi-family investment this is a proven performer in a thriving rental market.It also can be sold with the neighboring property 713 W Vine St to make a fantastic package (separate tax id's). This property also features a detached garage/barn for storage of all your rental property essentials.
Location
State MI
County Kalamazoo
Area Kalamazoo
Direction Westnedge to W Vine
Interior
Interior Features Laundry Facility, Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 4.0
Garage no
Private Pool No
Building
Foundation Michigan Basement
Sewer Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Wood
Schools
School District Kalamazoo
Others
Pets Allowed Yes
Tax ID 0621281015
Acceptable Financing Cash, FHA, VA
Listing Terms Cash, FHA, VA
Financing Cash,FHA,VA
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Listed by Jenny Doan of Berkshire Hathaway HomeServices MI
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