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$1,070,000

Est. payment - /mo

0.38 Acres Lot

Active

1201 Kimbark Avenue Kalamazoo, MI 49006

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Casey Matteson

[email protected] +1(248) 207-7906

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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

Acres 0.38

Lot Dimensions 125 X 132

Source Greater Regional Alliance of REALTORS®

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

Direction From Drake Rd, east on Michigan Ave, South on Kimbark

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 22.0

Roof Type Composition

Road Frontage Paved

Garage no

Building

Foundation Slab

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

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Kalamazoo

Others

Pets Allowed Yes

Tax ID 390620313032

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Virtual Tour https://youtube.com/shorts/ODpoazOO--8?feature=shared

Listed by Casity H Kao of Keller Williams GR East

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Casey Matteson

Founder/Realtor | License ID: 6501383062

+1(248) 207-7906

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1201 Kimbark Avenue Kalamazoo, MI 49006

Casey Matteson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1201 Kimbark Avenue