3025 E Main St Kalamazoo, MI 49048
Estimated payment $1,937/month
Highlights
- Corner Lot
- Laundry Room
- Hot Water Heating System
- Cooling System Mounted In Outer Wall Opening
About This Home
Well maintained 5 unit brick building in Eastwood neighborhood of Kalamazoo. Property has four large, 1 bedroom/1 bathroom units and 1 studio unit in the basement. There is shared, coin operated laundry in the basement. Two stall garage that generates monthly income of $150. Units 1-4 have A/C units. Owner pays common area electric. 48 hour notice required for showings.
No showings before Tuesday May 5.
Preapproval for commercial loan, or proof of funds needed prior to showing.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 11,761 Sq Ft Lot
- Lot Dimensions are 88x132
- Corner Lot
Parking
- 5 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Hot Water Heating System
Additional Features
- Laundry Room
- Basement Fills Entire Space Under The House
Listing and Financial Details
- The owner pays for gas, sewer, trash collection, water
Community Details
Building Details
- Insurance Expense $5,520
- Maintenance Expense $8,300
- Manager Expense $5,892
- Utility Expense $5,487
- Operating Expense $25,199
- Gross Income $45,044
- Net Operating Income $19,845
Additional Features
- 5 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,281 | $142,800 | $0 | $0 |
| 2024 | $1,244 | $145,000 | $0 | $0 |
| 2023 | $1,186 | $117,700 | $0 | $0 |
| 2022 | $7,870 | $105,200 | $0 | $0 |
| 2021 | $6,385 | $100,200 | $0 | $0 |
| 2020 | $6,284 | $90,000 | $0 | $0 |
| 2019 | $6,054 | $83,900 | $0 | $0 |
| 2018 | $5,129 | $68,500 | $0 | $0 |
| 2017 | $0 | $68,500 | $0 | $0 |
| 2016 | -- | $60,500 | $0 | $0 |
| 2015 | -- | $59,300 | $0 | $0 |
| 2014 | -- | $57,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | Pending | -- | -- | -- | |
| 05/01/2026 05/01/26 | For Sale | $339,000 | +20.6% | -- | |
| 05/13/2021 05/13/21 | Sold | $281,000 | -4.7% | -- | View Prior Sale |
| 04/01/2021 04/01/21 | Pending | -- | -- | -- | |
| 03/26/2021 03/26/21 | For Sale | $295,000 | 0.0% | -- | |
| 06/10/2020 06/10/20 | Rented | -- | -- | -- | |
| 06/05/2020 06/05/20 | Under Contract | -- | -- | -- | |
| 02/05/2020 02/05/20 | For Rent | $650 | -3.7% | -- | |
| 09/23/2019 09/23/19 | Rented | -- | -- | -- | |
| 09/23/2019 09/23/19 | Under Contract | -- | -- | -- | |
| 08/28/2019 08/28/19 | For Rent | $675 | 0.0% | -- | |
| 07/18/2018 07/18/18 | Rented | -- | -- | -- | |
| 07/18/2018 07/18/18 | Under Contract | -- | -- | -- | |
| 06/05/2018 06/05/18 | For Rent | $675 | 0.0% | -- | |
| 05/01/2018 05/01/18 | Sold | $260,000 | -3.7% | -- | View Prior Sale |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- | |
| 03/23/2018 03/23/18 | For Sale | $270,000 | +4.2% | -- | |
| 04/13/2017 04/13/17 | Sold | $259,000 | -3.2% | -- | View Prior Sale |
| 02/14/2017 02/14/17 | Pending | -- | -- | -- | |
| 12/09/2016 12/09/16 | For Sale | $267,500 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $281,000 | First American Title Company | |
| Warranty Deed | -- | Devon Title Co | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $105,000 | Chicago Title | |
| Warranty Deed | $80,000 | Chicago Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $194,000 | Commercial | |
| Previous Owner | $65,000 | Purchase Money Mortgage |
Source: MichRIC
MLS Number: 26019276
APN: 06-12-382-010
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.
Information is deemed reliable but not guaranteed.
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