Kalamazoo, MI 49007,521 Pearl Street
Kalamazoo, MI 49007,521 Pearl Street
Kalamazoo, MI 49007,521 Pearl Street
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$1,470,000
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10,981 SqFt
Active

521 Pearl Street Kalamazoo, MI 49007

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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


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Keller Williams GR East

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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521 Pearl Street