1201 Kimbark Avenue Active

Kalamazoo,MI 49006

$ 1070000

- Bed

- Bath

- SqFt


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

Turnkey prime student housing rental investment portfolio. Walking distance to Western 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. These well maintained buildings feature 22 bedrooms: Two duplexes: 1201 Kimbark- 2 units, each 5 bedrooms 2 baths & 4 car garage. 1203 Kimbark- Two units, each 6 bedrooms 3 baths & 5 car 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! Excellent potential for long-term appreciation while leveraging depreciation. Financials, rent roll, and private tours available upon requests

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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