• 807-809 W Cedar Street Kalamazoo, Michigan 49007

  • $560,000
  • 8
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.2
    Acre

Expand your real estate portfolio with this rare investment opportunity! 807-809 Cedar features two buildings on one parcel: a 3-unit and a 4-unit, generating $5712 monthly rent. It promises excellent returns with impressive rental yield, low vacancy rates, and strong market demand. The units boast functional layouts, require minimal upkeep, and allow for owner occupancy. This multi-family home is rental-certified by the city of Kalamazoo and is conveniently located within walking distance from Western Michigan and Kalamazoo College along with downtown Kalamazoo main eateries, Kalamazoo Museum, Bronson Park, and Upjohn playground. Tenants have all stayed for multiple years and pay on time. Act now to add this exceptional investment opportunity to your portfolio before it's gone!

Property Type :

Multifamily

County :

Kalamazoo

Style :

Multifamily

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Property Details

 

Interior Features

Cable Available

Roof : Composition

Heating & Cooling

Heating: Forced Air

Heating Fuel: Natural Gas

Building Information

Year Built: 1865

Total Units: 7

Roof: Composition

Foundation/Basement: Michigan Basement

Utility Features

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

Water

Public (Municipal),Water at Street

Lot Information

Lot Size: 0.20

Lot Dimensions: Irr

Frontage Feet: 66

Property Information

Financing: Cash,Conventional,FHA,VA

Listing Price Information

Original List Price: $565,000

Listing Information

Possession: At Close

Legal Description: 50428 WELCHS ADDITION LOT 434.

Tax Information

Annual Tax: $6,517

Parcel Number: 0621235434

Possession

At Close

Legal Information

Legal Description: Section: 50428 WELCHS ADDITION LOT 434.

Parking Information

Parking: 8

Unit 1 Information

# of Bedrooms: 6

Unit 2 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
935 W Lovell Street, Kalamazoo, MI,49007 $163,000 6 4 2,633 0.13 Acre
422 Elm Street, Kalamazoo, MI,49007 $169,000 5 2 1,974 0.12 Acre
801 N Park Street , Kalamazoo, MI,49007 $45,000 -- -- -- 0.13 Acre
817 Hoffman Court, Kalamazoo, MI,49007 $104,900 2 1 1,013 0.08 Acre
125 S Kalamazoo Mall #.., Kalamazoo, MI,49007 $295,000 2 2 1,967 --
145 E Paterson Street, Kalamazoo, MI,49007 $50,000 3 1 1,146 0.1 Acre
629 Davis Street , Kalamazoo, MI,49007 $155,000 4 1.5 1,583 0.13 Acre
510 Ada Street, Kalamazoo, MI,49007 $86,500 2 1 868 0.15 Acre
512 Douglas Avenue , Kalamazoo, MI,49007 $118,000 4 3 2,166 0.28 Acre
512 Douglas Avenue, Kalamazoo, MI,49007 $118,000 4 3 2,166 0.28 Acre
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 04/27/2024 @ 09:56

MLS: 603342274
LISTED BY: Wyatt Hawkins , Blue Beacon Realty LLC
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.85%
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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