Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings--8-unit, 6-unit, 4-unit, and 3-unit properties--this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to a
Introducing a prime investment opportunity in the heart of Kalamazoo! This well-maintained, city-certified four-unit property offers charm, character, and long-term tenant appeal, making it a gem for any savvy or newcomer investor. With over $3,440 in monthly rental income, a two-car detached garage, a spacious storage shed, and numerous updates completed in recent years, this property is also ideal for an owner-occupant looking to invest while earning passive income. Don't miss out on this opportunity.Available individually or part of a 21-unit portfolio MLS 24058041
3 Story duplex located on a quiet street in the heart of the Vine Neighborhood. This duplex has a first floor 2 bedroom unit which features 1 bedroom with egress window and a full bathroom in the basement, along with a 1/4 bath, bedroom, kitchen, dining and living room on the main level. The 2nd and 3rd floor has a spacious 4 bedroom, 1 bath apartment. Covered porch, laundry room in basement, plenty of off-street parking. Unit #1 leased at 950/mo and is month to month lease. Unit #2 is leased at 1200/mo also month to month. Both tenants pay gas and electric.
Rare Kalamazoo Stuart Historic 9 unit income opportunity with a 9 unit sister house next door!! 9 apartments ,many recently remodeled. large carriage house, incredible front porches, lots of off street parking, laundry, close to campus, walking distance to downtown, K College, entertainment, restaurants and bars and future arena. Purchase of both properties is highly encouraged. Great for owner occupied residence, Seller is Trustee & Beneficiary of Estate and a licensed Broker in the State of Michigan
Rare Kalamazoo Stuart Historic 9 unit income opportunity with a 9 unit sister house next door!! 9 apartments ,many recently remodeled. large carriage house, incredible front porches, lots of off street parking, laundry, close to campus, walking distance to downtown, K College, entertainment, restaurants and bars and future arena. Purchase of both properties is highly encouraged. Great for owner occupied residence, Seller is Trustee & Beneficiary of Estate and a licensed Broker in the State of Michigan
Prime duplex located adjacent to Kalamazoo College and walking distance to Western Michigan University. Property was recently converted from a single family home into an up/down duplex. Unit 1 features 3 bedrooms, 1 full bathroom collecting $1,350 per month in rent. Unit 2 features 4 bedrooms, 2 full bathroom collecting $1,300. Potential to increase market rents. New furnace and water heater installed in 2022. Tenants pay gas/electric. Landlord pays water/sewer, trash, lawn/snow. Property being sold in combination with 929 W Lovell (vacant parcel/parking parcel) and 925 W Lovell (SF MLS#24055196). Potential to divide package with easement.
Nice 4 unit close to WMU and K-College. Walking distance to downtown and just around the corner from the new arena being built. One washer/dryer coin operated for the building to use. Plenty of parking on the South side and shared drive on the North side. (Roof shingles down to the wood in 2011 and boiler for heat was replaced in 2008. This info was on previous sellers disclosure.)
Three homes for sale in the Vine neighborhood: 808 Walnut - duplex (2BR & 3BR). 812 Walnut is a single-family home with 4 bedrooms and 2 full bathrooms. 810 Walnut is a single-family home with 2 bedrooms and 1 bathroom. 812 W Walnut to be vacated 10/31/2024. Market Rent for all units is $5,050. Gross current rent is $4,835 per month. See attached document with descriptions of each building.
Three homes for sale in the Vine neighborhood: 808 Walnut - duplex (2BR & 3BR). 812 Walnut is a single-family home with 4 bedrooms and 2 full bathrooms. 810 Walnut is a single-family home with 2 bedrooms and 1 bathroom. 812 W Walnut to be vacated 10/31/2024. Market Rent for all units is $5,050. Gross current rent is $4,835 per month. See attached document with descriptions of each building.
Three homes for sale in the Vine neighborhood: 808 Walnut - duplex (2BR & 3BR). 812 Walnut is a single-family home with 4 bedrooms and 2 full bathrooms. 810 Walnut is a single-family home with 2 bedrooms and 1 bathroom. 812 W Walnut to be vacated 10/31/2024. Market Rent for all units is $5,050. Gross current rent is $4,835 per month. See attached document with descriptions of each building.
New price!!Historical Stuart sanctuary featuring beautiful architecture and woodwork.This well cared for single or two family home is close to downtown,WMU and K-College.Perfect for owner occupied with great income potential or large family.Grand staircase in the foyer enhances the entrances to the two units.The main floor features a kitchen area, full bath, two bedrooms, sitting room/FDR w/bay window.Upper level has two additional bedrooms, one sitting room with bay window, FDR with soap stone stove,2nd full bath and a full kitchen with custom cabinets,tile backsplash and a large pantry.The mezzanine and back deck overlook the serene backyard.The third level is a modern cozy loft with wood floors, laundry and 1/2 bath.
Wonderful opportunity to start your investment portfolio now two units each have their own separate meters for everything ,renting now? become a owner occupant and rent the otherside out and make your paymant while you gain equity.newer windows,two bedrooms upper unit has a deck,storage area spacious living area, close to a park. Call today for your private showing .
Rare Kalamazoo Stuart Historic 18 unit income opportunity! Two contiguous historic mansions with 18 apartments ,many recently remodeled. large carriage house, incredible front porches, lots of off street parking, laundry, close to campus, walking distance to downtown, k college, entertainment, restaurants and bars and future arena. Great for owner occupied residence, Seller is Trustee & Beneficiary of Estate and a licensed Broker in the State of Michigan
The median home value in Kalamazoo, MI is $193,100. This is lower than the county median home value of $231,100. The national median home value is $338,100. The average price of homes sold in Kalamazoo, MI is $193,100. Approximately 39.42% of Kalamazoo homes are owned, compared to 50.85% rented, while 9.73% are vacant. Kalamazoo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kalamazoo real estate agent to arrange a tour today!
Kalamazoo, Michigan 49007 has a population of 74,020. Kalamazoo 49007 is less family-centric than the surrounding county with 22.5% of the households containing married families with children. The county average for households married with children is 30.73%.
The median household income in Kalamazoo, Michigan 49007 is $44,296. The median household income for the surrounding county is $61,739 compared to the national median of $69,021. The median age of people living in Kalamazoo 49007 is 26.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 36.4 inches per year, with 60.3 inches of snow per year.