Thank you
Madison H Lukeman
Lukeman Group LLC
269-598-6567
Well maintained 5 unit brick building in Eastwood neighborhood of Kalamazoo. Property has four large, 1 bedroom/1 bathroom units and 1 studio unit in the basement. There is shared, coin operated laundry in the basement. Two stall garage that generates monthly income of $150. Property is heated by a boiler, paid by landlord. Tenants pay stove gas and electric. Units 1-4 have A/C units. Landlord provides water/sewer, lawn/snow, & trash services. Off street parking for 5-7 vehicles. Unit 1 tenant is moving out at the end of April and Unit 5 is moving to Unit 1. Unit 5 will be vacant and available. No municipal rental inspection required. Income Statement provided in attachments does not include - taxes/insurance or garage rental income.
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Laundry Facility
Roof : Composition
Cooling: Wall Unit(s)
Heating: Hot Water
Heating Fuel: Natural Gas
Year Built: 1955
Total Units: 5
Roof: Composition
Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Public (Municipal),Water at Street
Lot Size: 0.27
Lot Dimensions: 88x132
Frontage Feet: 88
Financing: Cash,Conventional
Original List Price: $415,000
Possession: Subject To Tenant Rights
Legal Description: 2574000 3906 12 382 010 EAST LAWN LOTS 1 & 2 BLK 12
Annual Tax: $8,325
Parcel Number: 390612382010
Subject To Tenant Rights
Legal Description: Section: 2574000 3906 12 382 010 EAST LAWN LOTS 1 & 2 BLK 12
Parking: 6
# of Bedrooms: 1
School District: Kalamazoo
Water:Public (Municipal),Water at Street
Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
5052 E Main Street, Kalamazoo, MI,49048 | $450,000 | -- | -- | -- | 0.69 Acre |
3993 New Farm Street , Kalamazoo, MI,49048 | $35,000 | -- | -- | -- | 1 Acre |
3993 New Farm Street, Kalamazoo, MI,49048 | $35,000 | -- | -- | -- | 1 Acre |
2272 N 26th Street , Kalamazoo, MI,49048 | $560,000 | 3 | 3 | 2,688 | 0.72 Acre |
2272 N 26th Street, Kalamazoo, MI,49048 | $560,000 | 3 | 3 | 5,388 | 0.72 Acre |
4000 New Farm Street , Kalamazoo, MI,49048 | $45,000 | -- | -- | -- | 1.52 Acres |
4000 New Farm Street, Kalamazoo, MI,49048 | $45,000 | -- | -- | -- | 1.52 Acres |
1500 Stalwart Street , Kalamazoo, MI,49048 | $23,000 | -- | -- | -- | 0.73 Acre |
1500 Stalwart Street, Kalamazoo, MI,49048 | $23,000 | -- | -- | -- | 0.73 Acre |
3615 N 28th Street , Kalamazoo, MI,49048 | $330,000 | -- | -- | -- | 10.03 Acres |
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ByOwner last updated this listing 04/30/2024 @ 22:26
MLS: 605388651
LISTED BY: Madison H Lukeman , Lukeman Group LLC
SOURCE: Realcomp II Ltd
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.