This two unit apartment building is a great investment with full occupancy. The main level is large with two bedrooms and two full bathrooms and rent is $879 per month and is leased through 5-31-24 to a long-standing tenant. The upstairs unit has two bedrooms and one full bathroom and rent is $780 per month and leased on a month to month basis. Both tenants would sign a longer term lease if requested. Replacement windows and wood floors. Owner pays for water and tenants pay for gas and electric.
Sold
$154,000
1119 Lake St, Kalamazoo, MI 49001
4beds
3baths
1,580sqft
2 to 4 Units
Built in 1900
-- sqft lot
$161,200 Zestimate®
$97/sqft
$1,256 Estimated rent
Home value
$161,200
$143,000 - $181,000
$1,256/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2024 at 07:40am
Listed by:
Diane Bornhorst 269-491-5666,
Berkshire Hathaway HomeServices MI,
Lindsay Flyn Flynn 269-615-0723,
Berkshire Hathaway HomeServices MI
Bought with:
Brian K McDonald
RE/MAX Executive
Source: MichRIC,MLS#: 24016510
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Laundry: Laundry Room
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 1,580 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 6,969 sqft
- Dimensions: 52.8 x 132
Details
- Parcel number: 3900062330423
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Aluminum Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Kalamazoo
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $154,000+2.7%$97/sqft |
Source:  MichRIC #24016510 | ||
| 4/12/2024 | Pending sale | $150,000$95/sqft |
Source: MichRIC #24016510 | ||
| 4/9/2024 | Listed for sale | $150,000+233.3%$95/sqft |
Source: MichRIC #24016510 | ||
| 9/27/2017 | Sold | $45,000-9.1%$28/sqft |
Source: Public Record | ||
| 5/17/2017 | Pending sale | $49,500$31/sqft |
Source: CENTURY 21 C. Howard #17002589 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,951 -1.4% | $57,600 +27.7% |
| 2024 | $1,978 | $45,100 +11.6% |
| 2023 | -- | $40,400 +16.4% |
Find assessor info on the county website
Neighborhood: Edison
Nearby schools
GreatSchools rating
- 5/10Edison Environmental Science AcademyGrades: PK-5Distance: 2 mi
- 5/10Maple Street Magnet School For The ArtsGrades: 6-8Distance: 1.7 mi
- 8/10Loy Norrix High SchoolGrades: 9-12Distance: 2.6 mi
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$161,200
2% more+ $3,224
With Zillow Showcase(estimated)
$164,424