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$ 1,070,000
Est. payment | /mo
0.38 Acres Lot
$ 1,070,000
Est. payment | /mo
0.38 Acres Lot
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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Listed by Keller Williams GR East