908 S Park Street Kalamazoo, MI 49001

PRICED AT $375,000

Listing Details

  • $375,000
  • MLS# 26046705
  • Type Multi Unit - Multiple
  • Status Active
  • 0.220 acres Lot Size
  • 1912 Year Built
  • Kalamazoo Local Schools

Description

Two historic buildings, one turnkey income stream near downtown Kalamazoo. Built in 1912, six fully-occupied units (four 2-bed, two 1-bed) sit walking distance to WMU, Kalamazoo College, and Bronson Hospital, right on the bus line ? a tenant mix that spans students, hospital staff, and young professionals. Sold at $375,000 ? roughly $62,500/door, a basis that leaves room for long-term rent growth. Tenants cover gas and electric; owner pays only water. Shared coin-op laundry adds ancillary income. Separate heat systems per unit isolate maintenance and reduce turnover friction, while public water/sewer and paved off-street parking keep upkeep...read more

Features

  • None
  • Forced Air
  • $9,187 Taxes
  • Built in 1912
View All Features

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All Property Features

  • Property Type: Multi Unit - Multiple
  • Basement: Full
  • Cooling: None
  • Days on CressyEverett.com: 13
  • Exterior: Stucco, Wood Siding
  • Heating: Forced Air
  • Lot Description: Sidewalk
  • Lot Dimensions: 160x60
  • Lot Size: 0.22 Acres
  • Owner Pays: Water
  • Parcel Number: 390622161101
  • Parking: Paved
  • Parking Total: 8
  • Road Surface: Paved
  • Roof Type: Composition
  • Sub Type: 5+ Units
  • Taxes: $9,187
  • Tenant Pays: Electric, Gas
  • Units: 6
  • Utilities: Phone Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Year Built: 1912