908 S Park Street, Kalamazoo, MI 49001
- $375,000
- List Price
- $375,000
- Days on Market
- 2
- MLS#
- 26046705
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Two historic buildings, one turnkey income stream near downtown Kalamazoo. Built in 1912, six fully-occupied units (four 2-bed, two 1-bed) sit walking distance to WMU, Kalamazoo College, and Bronson Hospital, right on the bus line — a tenant mix that spans students, hospital staff, and young professionals. Sold at $375,000 — roughly $62,500/door, a basis that leaves room for long-term rent growth. Tenants cover gas and electric; owner pays only water. Shared coin-op laundry adds ancillary income. Separate heat systems per unit isolate maintenance and reduce turnover friction, while public water/sewer and paved off-street parking keep upkeep low. A clean, cash-flowing asset in one of Kalamazoo's most consistently rentable pockets.
Additional Information
- Owner Pays
- Water
- Taxes
- $9,187
- Acres
- 0.22
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Kalamazoo
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 8
- Utilities
- Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Phone Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Kyle J Kimble from Listing Office: MOXIE Real Estate + Development.
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