$1,070,000

Estimated payment $6,681/month

Total Views 7,293
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Listing Agent

Casity Kao

Keller Williams GR East License #6501396887 Listed on: 05/01/2025

Keller Williams GR East

Co-Listing Agent

Steven Pettit

Keller Williams GR East License #6501267209

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

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 2014
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 125 X 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Slab: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 1070000.0
  • Lot Features: Level
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 22.0
  • General Property Info:Total Parking Spaces: 22.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes
  • Unit 3:Garage6: Yes
  • Laundry Features:In Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Dimensions: 125 X 132
  • Lot Size Sq Ft: 16500.0
  • Zoning Description: RES

Rental Info

  • Owner Pays: Trash Collection, Electricity, Gas
  • Tenant Pays: Water, Sewer

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 27098.0
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Southwestern Michigan Association of REALTORS®

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
Source: Public Records

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: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25018793

Southwestern Michigan Association of REALTORS®

APN: 06-20-313-032