Skip To Content

429 Davis Street

Kalamazoo, MI 49007
  • $250,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 22027215
UPDATED: 30 min ago
$250,000
  • 6
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,865
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1885
County:

School Ratings & Info

School District:

Description

Don't miss this cash flow opportunity! Fully rented 3 unit in the Vine Neighborhood of Kalamazoo. Close to WMU and Kalamazoo College, shopping and dining. Unit 1 is rented month to month so there is an option for an owner occupant to take over. Live for free while the rental income covers your mortgage! Gross annual rents come to $28,000. Laundry offers additional income, around $1000/year. All units have been renovated over the last 5 years totaling $67,500 in updates. Separate gas and electric meters. Full inspection report, pro forma and list of all work done available. Tenants are very accommodating, call to schedule your private tour today!

Monthly Payment Calculator

© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-08-15T21:01:48.707.
www.c21northland.com/homes/130462938
Print Image

429 Davis Street Kalamazoo, MI 49007

  • Price: $250,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 30 min ago
  • MLS #: 22027215
6
Beds
3
Baths
0
½ Baths
0.05
Acres
2,865
SQFT
$87
$/SQFT
1885
Built
Neighborhood:
Kalamazoo City
County:
Kalamazoo
Area:
Downtown S To Crosst
School District:
Kalamazoo
Property Description
Don't miss this cash flow opportunity! Fully rented 3 unit in the Vine Neighborhood of Kalamazoo. Close to WMU and Kalamazoo College, shopping and dining. Unit 1 is rented month to month so there is an option for an owner occupant to take over. Live for free while the rental income covers your mortgage! Gross annual rents come to $28,000. Laundry offers additional income, around $1000/year. All units have been renovated over the last 5 years totaling $67,500 in updates. Separate gas and electric meters. Full inspection report, pro forma and list of all work done available. Tenants are very accommodating, call to schedule your private tour today!
Exterior Features

Driveway Shared Unpaved Exterior Material Wood Siding Lot Dimensions 34 X 66 Number Of Buildings 1.00 Parking Spaces 0.0000 Road Frontage 34.00 Street Type Public Substructure Full Water Access No Waterfront No

Interior Features

Basement Yes Extras Laundry FacilitySep Electric MeterSep Gas Meter Heat Source Natural Gas Heat Type Forced Air Sq Ft Unit1 550.00 Sq Ft Unit2 775.00 Sq Ft Unit3 900.00 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit3 Full Baths 1 Unit3 Half Baths 0

Property Features

Annual Property Tax 2750.00 Association Greater Regional Alliance Of Realtors Auction Or For Sale For Sale Homestead Percentage 0.00 Multifamily Type 2 To 4 Units New Construction No Owner Pays SewerTrash CollectionWater Possession Close Of Escrow Rent Unit1 650.00 Rent Unit2 929.00 Rent Unit3 799.00 Sale Conditions None Sewer Public Tax Year 2021 Tenant Pays ElectricGas Terms Available CashConventionalFhaVa Loan Util Avl At Street ElectricPublic SewerPublic Water Utilities Attached ElectricNatural Gas Water Public Zoning Res Imp

Listing provided courtesy of Alison Glowinski of Mitten Real Estate. © 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-08-15T21:01:48.707.
 
https://bt-photos.global.ssl.fastly.net/swmich/1280_boomver_1_22027215-2.jpg https://bt-photos.global.ssl.fastly.net/swmich/1280_boomver_1_22027215-2.jpg https://bt-photos.global.ssl.fastly.net/swmich/1280_boomver_1_22027215-2.jpg
Logo
CENTURY 21 Northland
241 E State Street
Traverse City MI, 49684