Fully leased, cash flowing 6 unit investment opportunity in a prime location overlooking the Davis Street Field and the Beautiful Heritage Hall. 2 buildings on one parcel, one is a 4 unit and the other a duplex. Great unit mix with two 1-bedrooms, two studios, one 2-bedroom and one 4-bedroom. Many of the units have been updated with fresh paint, new flooring, new kitchens, stainless appliances, and granite counters. Recent capital improvements including a fresh exterior paint job, new furnace in 613 unit C and new water heater for 613. The studio apts have room for updates to increase cash flow potential.
MLS# | 24015415 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1895 |
Days On Site | 166 |
Listing Provided By | Five Star Real Estate | Adam Atwood |
Basement | Y |
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Units | 6 |
Building(s) | 2 |
Acreage | 0.22 |
State | MI |
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County | Kalamazoo |
City | Kalamazoo |
Zip Code | 49007 |
Area | Greater Kalamazoo K |
Subarea | K |
School District | Kalamazoo |
Listing VS Median (in 49007) | |
Price: $399,000 low | high Med: $4,881 On Site: 166 low | high Med: 63 |