$235,000
Kalamazoo, MI 49007
MLS# 26004732
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Property Description
Turn-key brick 4-unit multifamily investment opportunity in the City of Kalamazoo. Each unit offers a functional 2-bedroom, 1-bath layout of approximately 725 square feet with classic woodwork and low-maintenance finishes. Utilities are separately metered for gas and electric, and tenants pay their own trash, keeping operating expenses low. Owner responsibility is limited to water/sewer and minimal common electric. Three units are currently occupied with one vacant unit ready for lease, providing immediate upside. Projected stabilized rents of approximately $900 per unit produce a potential gross income of $3,600 per month. Brick exterior and simple mechanicals make for straightforward, durable long-term ownership. Ideal for investors seeking strong cash flow with light value-add potential through rent increases and cosmetic updates. Pro forma financials available.
Details
Maps
Location Property Info
County: Kalamazoo
Street #: 1105
Street Direction: N
Street Name: Burdick
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 4403
OfficeContract Info
Status: Active
Current Price: $235,000
List Price: $235,000
Listing Date: 2026-02-09
General Property Info
Lot Measurement: Acres
Lot Square Footage: 8276
Lot Acres: 0.19
Lot Dimensions: 49.3' X 165'
Year Built: 1917
New Construction: No
Financial Available: Yes
Financial Comments: Rent Roll.
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-06-27
Road Frontage: 49.3
Total # Units: 4
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3608
Total Parking Spaces: 10
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-15-131-021
Taxable Value: 70959
SEV: 112200
For Tax Year: 2024
Seller's Annual Property Tax: 5669
Tax Year: 2025
Spec Assessment & Ty: None Known
Zoning: RM-36
Remarks Misc
Directions: Take N Burdick from Downtown. Property on left before Family Health Center.
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 1105 Unit A Lower
Monthly Rent: 824
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1105 Unit B Upper
Monthly Rent: 820
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 1107 Unit A Lower
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 1107 Unit B Lower
Monthly Rent: 900
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Common Area; In Basement
Exterior Material: Brick
Substructure: Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras: Laundry Facility; Sep Electric Meter; Sep Gas Meter
Owner Pays: Electricity; Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Asphalt; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; Tax Def Exchange
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Coldwell Banker Realty
Listing Agent: Will Howson
Last Updated: February - 10 - 2026
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