See all 28 photos
$1,470,000
Est. payment /mo
10,981 SqFt
Active
521 Pearl Street Kalamazoo, MI 49007
UPDATED:
11/06/2024 04:41 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,981 sqft
Price per Sqft $133
Subdivision Mi
MLS Listing ID 70440485
Year Built 1924
Annual Tax Amount $24,636
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 66 x 165
Property Description
Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings--8-unit, 6-unit, 4-unit, and 3-unit properties--this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to a
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Brick, Wood
Amenities Available Laundry Facility
Waterfront No
Building
Foundation Basement
Water Public Water
Structure Type Brick,Wood
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams GR East