Great investment opportunity in the Kalamazoo area. This 8 unit home complex are all 1 bedroom 1 bath units and approximately 700 sq ft each. Back lot parking area as well. This home is 5 minutes away from US 31 Highway and West main making traveling convenient and easy. Western Michigan University, Bronson Hospital, Kleinstuck Preserve/Nature Trail, Upjohn Playground, Crow's Nest are all in close proximity to this property. Because of the location, this property is almost 100% occupied at all times. Each unit currently rents for $700 per month, that's $5,600 monthly gross income. Average rent in the area for 1 bedroom units with 690-703 sq ft rent for $840 per month on average in nearby apartments. If your looking for a great investment please call us for more details.
Sold
$465,000
217 W Vine St, Kalamazoo, MI 49001
2beds
3baths
700sqft
5+ Units
Built in 1885
-- sqft lot
$412,700 Zestimate®
$664/sqft
$887 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 22, 2023 at 11:58am
Listed by:
Kurt Dawdy 231-510-4366,
Five Star Real Estate - Ludington,
Richard A Dawdy 616-328-9700,
Five Star Real Estate (Main)
Bought with:
Out of Area Agent
Out of Area Office
Source: MichRIC,MLS#: 23002302

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total interior livable area: 700 sqft
Property
Parking
- Total spaces: 8
- Parking features: Asphalt, Driveway
Lot
- Size: 9,583 sqft
- Dimensions: 74 by 135
- Features: Level, Sidewalk
Details
- Parcel number: 0622159096
- Zoning description: MULT3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Aluminum Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Broadband
Community & neighborhood
Location
- Region: Kalamazoo
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved