Turnkey investment opportunity in the heart of Kalamazoo's sought-after Vine Neighborhood! Ideally located just minutes from parks, restaurants, hospitals, universities, and local shops, this well-positioned property offers both convenience and strong rental appeal.The building features 9 total units--8 studio apartments and 1 one-bedroom unit, making it an excellent addition to any portfolio. Recently updated throughout, each unit showcases new kitchens & appliances, updated bathrooms, new flooring, and modern lighting, creating a clean, low-maintenance living space tenants will appreciate.Major capital improvements have already been completed, including new plumbing and updated electrical systems with separate electrical boxes, offering added efficiency, reliability, and ease of management.With its prime location near major employment and education hubs, combined with extensive updates inside and out, this property is positioned for strong occupancy and long-term performance.
6,969.6 Sq Ft Lot Size
investment
$6,563 Annual Tax
Built in 1900
MLS/Listing ID 65026018721
9 Units
Composition
Heating - Baseboard
Heating - Electric
Construction - Aluminum Siding
TOTAL MONTHLY COST
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$0
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