3227 St. Joseph Active

Kalamazoo,MI 49001

$ 560000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 66025054631

Year Built 1972

Property Sub-Type MultiFamily

Property Description

Excellent Investment Opportunity! This 8-unit multi-family property in Kalamazoo offers incredible long-term value with long-standing tenants, some of whom have been in place for decades. The building is well-maintained and thoughtfully updated, including a new hot water tank and boiler (2021), new carpet in the hallway, and a new exterior door. Several unit updates add further appeal: new refrigerators in Units 5 & 7 and new ranges in Units 4 & 8. Each unit includes its own private storage closet, and rents remain very affordable for tenants, helping ensure consistent occupancy. Conveniently located near bus lines, shopping, and schools--this property is ideal for both seasoned investors and those just starting to build their portfolio.

Location

State MI

County Kalamazoo

Area Area39062Kalamazoo

Interior

Heating Baseboard, Electric, HotWater, Radiant

Cooling WindowUnits

Laundry CommonArea

Exterior

Parking Features Asphalt,Garage

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Sewer PublicSewer, SewerAtStreet

Water Public

New Construction No

Schools

School District Kalamazoo

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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