$110,000
Kalamazoo, MI 49001
MLS# 24005578
Status: Sold
1 / 1
Property Description
Are you looking to diversify your investment portfolio with real estate? Discover the golden opportunity awaiting you with this 4-unit property fully occupied! This isn't just a purchase; it's the smart investor's key to consistent, long-term income. Don't miss out on the chance to elevate your investments. Let's connect for more details! Property 'Sold as Is' Buyer/Buyers Agent to verify any and all information. Licensed Inspection Report available for Realtors if requested as courtesy.
Details
Maps
Documents
Location & Property Info
County: Kalamazoo
Street #: 718
Street Name: Lane
Suffix: Boulevard
Unit #: A, B, C, 718
State: MI
Zip Code: 49001
Zip (4): 3838
Cross Streets: Portage Street and Race St
Property Sub-Type: 2 to 4 Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Ownership Type: Private Owned
Office/Contract Info
Status: Sold
Current Price: $110,000
List Price: $120,000
Auction or For Sale: For Sale
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-02-01
General Property Info
Lot Measurement: Acres
Lot Square Footage: 3920
Lot Acres: 0.09
Lot Dimensions: na
Year Built: 1912
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2025-07-09
Road Frontage: 44
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-27-238-005
Taxable Value: 52800
SEV: 52800
For Tax Year: 2023
Annual Property Tax: 3659.7
Tax Year: 2023
Homestead %: 100
Spec Assessment & Ty: na
Zoning: na
Remarks & Misc
Directions: Portage Street north to east on Lane Blvd. to property. Lane Blvd is between Portage Street and Race St.
Legal: 40782 SOUTH PARK ADDITION, LIBER 7 OF PLATS PAGE 20 & 21; LOT 5 IN BLOCK 11.
Status Change Info
Under Contract Date: 2024-05-10
Sold Date: 2024-05-16
Sold Price: $110,000
Access Feat
Accessibility Features: No
Unit 1
Unit Description: A
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: B
Occupied: Yes
Monthly Rent: 550
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: C
Occupied: Yes
Monthly Rent: 600
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 718
Unit Description: 718 Studio
Occupied: Yes
Monthly Rent: 669
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Wood Siding
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at Street: Electric; Natural Gas; Public Water
Owner Pays: Electricity; Gas; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 4: Range/Oven; Refrigerator
Lead Base 
Listing Office: 1st Advantage Realty
Listing Agent: Rene Guzman
Last Updated: May - 18 - 2024
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