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 Type :
Multifamily
County :
Kalamazoo
Style :
Multifamily
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ByOwner last updated this listing 04/27/2024 @ 04:53
MLS: 603296089
LISTED BY: Shawn Jacobs , MOXIE Real Estate + Development
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
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.
