Four unit Investment property in a quiet wooded setting in the desirable Mattawan school district but less than four miles to US 131 and shopping of West Main corridor. Seller has made several recent improvements to property including new exterior paint, aluminum gutters, and lots of tree trimming. The seller is also planning on adding additional gravel in the driveway. The roof shingles have been updated and many of the furnaces have been replaced in the units over the years. Each unit has separate electric and tenants pay for there own gas as well. The buildings sit on 1.7 acres so if a new owner wanted to add garages there should be plenty of room. Fully rented this property will generate approximately $2,400 per month, this is a good opportunity for a rental in desirable location
Off market
$288,200
9527 W Main St #9533, Kalamazoo, MI 49009
--beds
0baths
3,008sqft
MultiFamily
Built in 1940
-- sqft lot
$288,200 Zestimate®
$96/sqft
$1,325 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Interior area
- Total interior livable area: 3,008 sqft
Property
Lot
- Size: 1.71 Acres
Details
- Parcel number: 0517330021
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Septic System
Community & neighborhood
Location
- Region: Kalamazoo
Other
Other facts
- Heat Type: Forced Air
- Roofing: Comp Shingle
- Utilities Attached: Electric
- Util Avail at Street: Electric
- Water: Public
- Extras: Sep Electric Meter
- Owner Pays: Water
- Tenant Pays: Electric
- Unit 1: Range Oven, Refrigerator, Sep. Heat System
- Exterior Material: Wood
- Unit 2: Range/Oven, Refrigerator, Sep. Heat System
- Lot Measurement: Acres
- Property Sub-Type: 2 to 4 Units
- Lot Description: Wooded
- Unit 3: Sep. Heat System, Range/Oven, Refrigerator
- Unit 4: Sep. Heat System, Range/Oven, Refrigerator
- Sewer: Septic System
- Substructure: Slab
- Heat Source: Propane
- Auction or For Sale: For Sale
- Unit 1: Occupied: Yes
- Unit 2: Occupied: Yes
- Unit 3: Occupied: Yes
- Terms Available: Cash/Conventional,FHA
- Financial Available: %