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  • $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

    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.

    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#: 23002302MLS Logo

    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
    Services availability