41
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$309,000
Est. payment /mo
4,000 SqFt
Price Dropped by $8K
755 Portage Street Kalamazoo, MI 49001
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $77
Subdivision Mi
MLS Listing ID 70533370
Year Built 1954
Annual Tax Amount $2,821
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 44x99
Property Sub-Type Commercial/Industrial
Property Description
Turnkey 3-unit investment opportunity with additional development potential! This 4,800 sq ft property features strong rental income, off-street parking, and two additional lots included in the sale. The property includes an 800 sq ft front apartment, a 2,000 sq ft rear unit, and an additional income-producing unit. Updates include a new HVAC system, new water heater, and 3-inch spray foam insulation for improved efficiency. The upstairs unit has a rental potential of $1,775/month, while the smaller unit is currently rented at $875/month. The seller currently pays water, sewer, and garbage. Electric and gas are separately metered for the downstairs unit, with separate water metering as well. Great opportunity for investors seeking cash flow and long-term upside.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Exterior
Parking Features 6-10 Spaces
Roof Type Composite,Rubber
Building
Foundation Basement
Structure Type Block,Frame,Vinyl Siding,Wood
Others
Energy Description Natural Gas
Financing Cash,Conventional,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams GR East
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