Kalamazoo, MI 49001
MLS# 26046705
Two historic buildings, one turnkey income stream near downtown Kalamazoo. Built in 1912, six fully-occupied units (four 2-bed, two 1-bed) sit walking distance to WMU, Kalamazoo College, and Bronson Hospital, right on the bus line — a tenant mix that spans students, hospital staff, and young professionals. Sold at $375,000 — roughly $62,500/door, a basis that leaves room for long-term rent growth. Tenants cover gas and electric; owner pays only water. Shared coin-op laundry adds ancillary income. Separate heat systems per unit isolate maintenance and reduce turnover friction, while public water/sewer and paved off-street parking keep upkeep low. A clean, cash-flowing asset in one of Kalamazoo's most consistently rentable pockets.
Listed by Kyle J Kimble · MOXIE Real Estate + Development
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$1,896/mo
$75,000 down · $300,000 financed
Loading similar listings…
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
36 photosActive604 Jenks Boulevard, Kalamazoo, MI 49006
Kalamazoo, MI 49006
3 bd · 3 ba · 2,012 sqft
21 photosActive2963 Valley Glenn Circle, Kalamazoo, MI 49004
Kalamazoo, MI 49004
4 bd · 3 ba · 2,919 sqft
87 photosActive2411 Waite Avenue, Kalamazoo, MI 49008
Kalamazoo, MI 49008
4 bd · 3 ba · 2,708 sqft