807 W Cedar Street, Kalamazoo, MI 49007
$500,000 - Sold
- MLS#: 23001512
- Number of Units: 7
- Type: 5+ Units
- School District: Kalamazoo
- County: Kalamazoo
- Taxing Authority: Kalamazoo City
- Year Built: 1865
- Basement: Yes
- Air: None
- Lot Size: 66x132
- Square Footage: 0
- Exterior: Stucco, Wood Siding
- Water: Public
- Acreage: .20
- Heat: Forced Air/Natural Gas
- PPN: 06-21-235-434
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Electric,Natural Gas
- Utilities Available at Street: Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone Line
- Extras: None
- Lot Description:
- Frontage/Type: 66 / Street, 0 / Water
- Terms: Cash, Conventional, Land Contract
- Original Price: $525,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Heading NE on Oakland, turn right onto Austin St. and then make a left onto Davis St. Make a right onto Cedar, the third street on the right
- Property Description: An opportunity to acquire a great investment property, 807-809 W Cedar is less than half a mile from Western University. 809 W Cedar is a 4-unit building with ample parking for both buildings, with renovations that were completed in 2021 and 807 W Cedar is a 3-unit building with long-term tenants in place. Both buildings are city approved and have good cash flow history, Projected rent of $6000/mo. A new boiler was installed in 807 W Cedar on 4/23/21, the seller is open to financing. Tenants are charged extra for utilities.
- Commission Offered:
- Buyer Agency: 3.00 % Sub Agency: 7.00 % Transaction Coordinator:
- Disclaimer: The listing broker's offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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