• 3025 E Main Street Kalamazoo, Michigan 49048

  • $415,000
  • 1
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.27
    Acre

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.

Property Type :

Multifamily

County :

Kalamazoo

Style :

Multifamily

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Property Details

 

Interior Features

Laundry Facility

Roof : Composition

Heating & Cooling

Cooling: Wall Unit(s)

Heating: Hot Water

Heating Fuel: Natural Gas

Building Information

Year Built: 1955

Total Units: 5

Roof: Composition

Utility Features

Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

Water

Public (Municipal),Water at Street

Lot Information

Lot Size: 0.27

Lot Dimensions: 88x132

Frontage Feet: 88

Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $415,000

Listing Information

Possession: Subject To Tenant Rights

Legal Description: 2574000 3906 12 382 010 EAST LAWN LOTS 1 & 2 BLK 12

Tax Information

Annual Tax: $8,325

Parcel Number: 390612382010

Possession

Subject To Tenant Rights

Legal Information

Legal Description: Section: 2574000 3906 12 382 010 EAST LAWN LOTS 1 & 2 BLK 12

Parking Information

Parking: 6

Unit 1 Information

# of Bedrooms: 1

School Information

School District: Kalamazoo

Utility Information

Water:Public (Municipal),Water at Street

Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street

Nearby Home Value

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
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

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.

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