12
See all 12 photos
$1,070,000
Est. payment /mo
0.38 Acres Lot
Active
1201 Kimbark Avenue Kalamazoo, MI 49006
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70465449
Year Built 2014
Annual Tax Amount $27,098
Tax Year 2024
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 125 X 132
Property Sub-Type Multi-Family
Property Description
4 units-Turnkey prime student housing rental investment with potential gross income $12,650/mo. These well maintained buildings feature 22 bedrooms: 1201&1203 5 bedrooms 2 baths & 8 stalls garage each side. 1207&1209- 6 bedrooms 3 baths & 9stall garage. Each kitchen has 2 refrigerators with other stainless steel appliances, open floor plan and large bedrooms. Laundry located in insulated separate additional storage rooms inside the garage! Just minutes from West Michigan University campus! An exceptional opportunity awaits investors looking to secure a low maintenance asset in one of Kalamazoo's most sought-after rental markets. Excellent potential for long-term appreciation while leveraging depreciation. Financials available upon requests-Call/text Casity Kao KW GR East 616-219-5343
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Zoning Residential
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Parking Features Additional Garage(s)
Building
Foundation Slab
Structure Type Vinyl Siding
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Keller Williams GR East