1201 Kimbark Avenue Active

Kalamazoo,MI 49006

$ 1070000

0 Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025018793

Year Built 2014

Annual Tax Amount $27,098

Lot Size 0.380 Acres

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

Zoning Residential

Interior

Heating Forced Air

Cooling Central Air

Laundry 1

Exterior

Garage Spaces 22.0

Roof Type Composition

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Kalamazoo

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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