$389,000
For Sale

3025 E Main Street

Kalamazoo, MI 49048
Browse 28 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Well maintained 5 unit brick building in Eastwood neighborhood of Kalamazoo. Property has four large, 1 bedroom/1 bathroom units and 1 studio unit in the basement. There is shared, coin operated laundry in the basement. Two stall garage that generates monthly income of $150. Property is heated by a boiler, paid by landlord. Tenants pay stove gas and electric. Units 1-4 have A/C units. Landlord provides water/sewer, lawn/snow, & trash services. Off street parking for 5-7 vehicles. Unit 1 currently vacant and marketed for rent at $875 per month. No municipal rental inspection required. Income Statement provided in attachments does not include - taxes/insurance or garage rental income.

  • Property Details
      • Acres0.27
  • Construction Details
      • Property TypeMulti-Family
      • BasementFull
    • Condition
      • Year Built1955
  • Utilities / Energy Details
      • Utility FeaturesWater Available, Sewer Available, Natural Gas Connected, Electricity Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictKalamazoo
      • CountyKalamazoo
  • Financial Details
      • Original List Price$415,000
      • Days on Market (Cumulative)157
  • Other
      • MLS #24017831

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00