NOT LISTED FOR SALE

2408 Gull Rd Kalamazoo, MI 49048

-- Bed
-- Bath
-- Sq Ft
1.02 Acres

Last Sold April 14, 2016

Last sale price $620,000

10 Days on Market

Highlights

  • 1.02 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

About This Home

As of April 2016

Centrally located on Gull Road, minutes from Downtown, and east of Borgess Hospital. Gull Pointe is comprised of 24 units in 3 buildings. Each building is all brick with carports for the residents. Excellent stabilized cash flow, strong occupancy, perfect for any investor. 8.76 Proforma Cap Rate. Broker owned.

Last Agent to Sell the Property

Matthew Callander

Callander Commercial License #6501303339 Listed on: 02/22/2016

Last Buyer's Agent

Jason Van Assen

Weichert REALTORS Plat (Main) License #6502318639

Weichert REALTORS Plat (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,291

Year Built

  • Built in 1965

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 135' x 331'

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Parking

  • 28 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Community Details

  • 3 Buildings
  • 24 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,291

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1965
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 135' x 331'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 8291.0
  • Tax Info:Zoning3: B1-R
  • General Property Info:Total _pound_ Units: 24
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 720000.0
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 28.0
  • General Property Info:Total Parking Spaces: 28.0
  • Extras:Carports: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.02
  • Lot Size Area: 1.02
  • Lot Size Sq Ft: 44431.0
  • Zoning Description: B1-R
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 24

Tax Info

  • Tax Annual Amount: 8291.0
  • Tax Year: 2015

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $620,000 -13.9% --
03/03/2016 03/03/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $720,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Callander

    Seller's Agent in 2016

    Matthew Callander

    Callander Commercial

    (269) 384-8368

    117 Total Sales

    Matthew Callander
    Section Image
  • Jason Van Assen

    Buyer's Agent in 2016

    Jason Van Assen

    Weichert REALTORS Plat (Main)

    (616) 301-2550

    2 in this area

    155 Total Sales

    Jason Van Assen
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16006915

Southwestern Michigan Association of REALTORS®
Michigan Kalamazoo County Kalamazoo 49048

2408 Gull Rd, Kalamazoo, MI

This home is located at 2408 Gull Rd, Kalamazoo, MI 49048 since 22 February 2016. This property was built in 1965. 2408 Gull Rd is a home located in Kalamazoo County with nearby schools including Comstock Elementary School, Comstock Middle School, and Comstock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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