217 W Vine Street Street, Kalamazoo, MI 49001
$465,000 - Sold
- MLS#: 23002302
- Number of Units: 8
- Type: 5+ Units
- School District: Kalamazoo
- County: Kalamazoo
- Taxing Authority: Kalamazoo City
- Year Built: 1885
- Basement: Yes
- Air: None
- Lot Size: 74 by 135
- Square Footage: 0
- Exterior: Aluminum Siding
- Water: Public
- Acreage: .22
- Heat: Forced Air/Natural Gas
- PPN: 06-22-159-096
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Electric,Natural Gas
- Utilities Available at Street: Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water
- Extras: Sep Gas Meter
- Lot Description: Level,Sidewalk
- Frontage/Type: 73 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $489,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: W Vine between S Rose street and S Park street. 6 miles off from US 131 onto Business 131
- Property Description: Great investment opportunity in the Kalamazoo area. This 8 unit home complex are all 1 bedroom 1 bath units and approximately 700 sq ft each. Back lot parking area as well. This home is 5 minutes away from US 31 Highway and West main making traveling convenient and easy. Western Michigan University, Bronson Hospital, Kleinstuck Preserve/Nature Trail, Upjohn Playground, Crow's Nest are all in close proximity to this property. Because of the location, this property is almost 100% occupied at all times. Each unit currently rents for $700 per month, that's $5,600 monthly gross income. Average rent in the area for 1 bedroom units with 690-703 sq ft rent for $840 per month on average in nearby apartments. If your looking for a great investment please call us for more details.
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