8161 Stadium Drive, Kalamazoo, MI 49009
- $625,000
- 1
- BA
- List Price
- $625,000
- Days on Market
- 3
- MLS#
- 26049378
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 1
Property Description
Two duplexes (4-units) centrally located on Stadium Drive just west of 6th Street in desirable Oshtemo Township on over 2.5 acres. Each unit has an attached 1 car garage. Excellent opportunity for Buyer to capitalize on below market rents while enjoying strong and stable cash flow. Separately metered gas and electric. LL pays trash and city water/sewer (potential income opportunity for Buyer). Unit details are provided below: 8161 - 3BR / 1BA @ $1,350/mo (tenant in place since 2016). Approx 1,050 SF. 8163 - 3BR / 1BA @ $1,350/mo (tenant in place since 2015). Approx 1,050 SF. 8171 - 3BR / 1BA just vacated on 8/30/26. Seller is currently renovating. Approx 1,500 SF post reno. 8173 - 3BR / 2BA @ $1,900/mo. Freshly renovated with additional living room and den/office in the basement. Approx 1,500 SF. Pre-qualification or proof of funds required for showings. Seller is a licensed broker in Michigan. Interior photos are the renovated 8173 unit. Duplexes are on two separate legal parcels with a shared driveway. 8161/63 is the East building and 8171/73 is the West building. Seller will only consider offers for both parcels. Will not sell separately.
Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $13,922
- Acres
- 2.54
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Kalamazoo
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 4
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: David T Molnar from Listing Office: recreyate.
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