108 Hutchinson Street, Kalamazoo, MI 49001
- $199,900
- List Price
- $199,900
- Days on Market
- 83
- MLS#
- 26023749
- Status
- ACTIVE
- Type
- Multifamily
Property Description
** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 12/31/2027 Excellent income-producing opportunity in Kalamazoo! 108 Hutchinson features three rental units with strong cash flow already in place. Unit 1 is a spacious 3-bedroom apartment currently rented for $1,130/month. Unit 2 is a 1-bedroom unit bringing in $600/month, while Unit 3 is a desirable 2-bedroom apartment located above the garage and currently rented for $850/month. With a total monthly rental income of $2,580, this property makes a fantastic addition to any investment portfolio. Newer roof; newer furnaces and water heaters. Landlord pays Water/sewer & trash. Conveniently located near downtown Kalamazoo, shopping, dining, and local amenities, this multi-unit property offers steady income potential and long-term upside for investors looking to expand their portfolio.
Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $4,088
- Acres
- 0.44
- Basement
- Partial
- Heating
- Forced Air
- School District
- Kalamazoo
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 6
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
- Water
- Public Water
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Listing courtesy of Listing Agent: Ahmed ''Ali'' Khalil from Listing Office: Real Broker, LLC.
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