Excellent Investment Opportunity! This 8-unit multi-family property in Kalamazoo offers incredible long-term value with long-standing tenants, some of whom have been in place for decades. The building is well-maintained and thoughtfully updated, including a new hot water tank and boiler (2021), new carpet in the hallway, and a new exterior door. Several unit updates add further appeal: new refrigerators in Units 5 & 7 and new ranges in Units 4 & 8. Each unit includes its own private storage closet, and rents remain very affordable for tenants, helping ensure consistent occupancy. Conveniently located near bus lines, shopping, and schools—this property is ideal for both seasoned investors and those just starting to build their portfolio.
Active
Price cut: $15K (11/6)
$560,000
3227 Saint Joseph St, Kalamazoo, MI 49001
8beds
8baths
4,400sqft
Est.:
5+ Units
Built in 1972
-- sqft lot
$542,200 Zestimate®
$127/sqft
$-- HOA
What's special
New exterior doorPrivate storage closet
- 35 days |
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