1201 Kimbark Ave Kalamazoo, MI 49006
Knollwood NeighborhoodEstimated payment $6,681/month
Highlights
- 0.38 Acre Lot
- Forced Air Heating and Cooling System
- High Speed Internet
- 2 Fireplaces
- 22 Car Garage
- Level Lot
About This Home
4 units-Turnkey prime student housing rental investment with potential gross income $12,650/mo. These well maintained buildings feature 22 bedrooms: 1201&1203 5 bedrooms 2 baths & 8 stalls garage each side. 1207&1209- 6 bedrooms 3 baths & 9stall 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! Just minutes from West 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. Excellent potential for long-term appreciation while leveraging depreciation. Financials available upon requests-Call/text Casity Kao KW GR East 616-219-5343
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2014
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 125 x 132
- Level Lot
Home Design
- Slab Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2 Fireplaces
- Laundry in Garage
Parking
- 22 Car Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- The owner pays for trash collection, electricity, gas
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $11,757 | $516,600 | $0 | $0 |
2024 | $11,757 | $481,100 | $0 | $0 |
2023 | $11,205 | $433,500 | $0 | $0 |
2022 | $25,732 | $395,100 | $0 | $0 |
2021 | $24,888 | $377,800 | $0 | $0 |
2020 | $24,418 | $433,700 | $0 | $0 |
2019 | $23,516 | $440,000 | $0 | $0 |
2018 | $22,973 | $340,200 | $0 | $0 |
2017 | $0 | $321,200 | $0 | $0 |
2016 | -- | $43,900 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/01/2025 05/01/25 | For Sale | $107,000 | -90.0% | -- |
04/11/2024 04/11/24 | Sold | $1,070,000 | -2.7% | -- |
03/09/2024 03/09/24 | Pending | -- | -- | -- |
02/21/2024 02/21/24 | For Sale | $1,100,000 | +429.6% | -- |
06/17/2014 06/17/14 | Sold | $207,700 | -19.5% | -- |
03/10/2014 03/10/14 | Pending | -- | -- | -- |
03/19/2012 03/19/12 | For Sale | $257,953 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | Attorney | |
Quit Claim Deed | -- | Devon Title Company | |
Warranty Deed | $207,700 | Devon Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $725,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $680,000 | Commercial | |
Previous Owner | $155,775 | New Conventional |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25018793

APN: 06-20-313-032
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