Unique opportunity to own an historical gem in the heart of Kalamazoo's Vine Neighborhood. This 15 unit 3 story brick apartment building has had significant capital improvements over the years while maintaining it's 1907 character. 9 of the 15 units have had kitchen and bathroom remodels. Hardwood floors and built ins are featured in many units. Building features (9) 1 bedroom units, (5) 2 bedroom units, and a 4 bedroom unit. New electrical panel upgrades for all 15 units, back up electric heating systems in 4 units and 2 commercial water heaters, Rents have increased year over year. Historically fully occupied. Certification through 7/31/27. Seller is a licensed Realtor in the State of MI.
0.31 Private Acres Lot Size
investment
$11,758 Annual Tax
Built in 1905
MLS/Listing ID 66026009891
15 Units
Heating - Hot Water
Heating - Natural Gas
Construction - Brick
Rubber
Parking - Gravel
Lot - Corner Lot
Common Area
In Basement
TOTAL MONTHLY COST
$0
$0
$0