MLS Public Remarks Rare opportunity to own an income-producing 7 unit apartment building in Downtown Kalamazoo. With limited multifamily product in downtown Kalamazoo and the proximity to Kalamazoo's proposed $300M+ events center, this Airbnb has tons of upside to convert to long-term leases and implement a utility bill back/RUBS program to recapture some of the utility expense or continue operating as a fully furnished Airbnb. Having gone through extensive renovations this property has a new roof, newer windows, exterior renovations and updated apartments. Don't miss out on this turnkey investment with a proven track record and tons of potential. Property is sold fully-furnished with all Airbnb furniture.
http://www.www.jjrealtors.com.com/24014226
Township Kalamazoo City
Directions Kings Highway North to 4th Street to Mills St. Property Near Corner of Mills and 4th St.
Fin Below Grd SqFt 0
Total Fin SqFt 0
Price/SqFt $0
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 57
Sub Property Type 5+ Units
Year Built 1903
Days on Market 51
Land Assessment -
Improvements -
Net Taxes $3285
Acreage 0.23
Taxes $3285.0
Tax Year 2023
Summer Taxes -
School District Kalamazoo
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Number of Units 7
Waterfront N
For Lease/Rent N
Est. Total Acres 0.23
Lot Dimensions 150 X 135 X175
WaterFrontage
0
Heating Natural Gas, Wall Furnace
Cooling Window Unit(s)
Basement N
Heating Natural Gas, Wall Furnace
Garage 0.0
Basement details Other
Sewer Public Sewer
Parking Desc Paved, Unpaved
Garage Desc Paved, Unpaved
Terms/Misc. Cash, Conventional
Possession Close Of Escrow
Exterior Materials Brick
Status Change Date 03/25/2024
Listing Date 03/25/2024
Internet/IDX Y
Named Exceptions N
Listing Office
Moxie Real Estate + Development
Office Address
7282 Old Mission Drive Ne
Listing Number
24014226
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