$169,500
Kalamazoo, MI 49007
MLS# 17003172
Status: Sold
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Property Description
All Brick 3 unit in great location. $26,520 in gross rents currently. This property is within walking/bicycling distance to WMU. It is evident that this building has been very well maintained and updated. Cash flow from day one or live for free while the other units dial down your mortgage. 1 bedroom lower unit currently rented for $580 per month. The main floor 2 bedroom, rented for $580 also, has hardwood floors, original trim, a pocket door, formal dining room and updated kitchen. Upstairs is a 3 bedroom with monthly rent of $1050 with a large open living room/kitchen, and has hardwood floors. The 3rd bedroom is a huge loft area. Also includes an original barn with a loft! It is city certified. Coin operated Laundry in basement will add additional income. Includes a 1 year home warranty
Details
Maps
Documents
Location Property Info
County: Kalamazoo
Street #: 706
Street Name: Locust
Suffix: Street
State: MI
Zip Code: 49007
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Sold
Current Price: $169,500
List Price: $169,900
Listing Date: 2017-01-27
General Property Info
Lot Measurement: Acres
Lot Square Footage: 5227
Lot Acres: 0.12
Lot Dimensions: 44 x 120
Year Built: 1913
New Construction: No
Road Frontage: 44
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 6
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 39000621275002
Taxable Value: 45857
SEV: 46800
For Tax Year: 2016
Seller's Annual Property Tax: 3373
Tax Year: 2016
Spec Assessment & Ty: None known
Remarks Misc
Directions: From Intersection of Westnedge and Vine, head West on Vine St. Go North on Locust to home.
Status Change Info
Under Contract Date: 2017-02-04
Sold Date: 2017-03-07
Sold Price: $169,500
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 4776
Annual Maintenance: 5064
Annual Utilities: 2737
Gross Op. Inc.: 26975
Unit 1
Unit Description: 1
Occupied: Yes
Monthly Rent: 580
Bedrooms: 1
Bathrooms: 1
Unit 2
Unit Description: 2
Occupied: Yes
Monthly Rent: 580
Bedrooms: 2
Bathrooms: 1
Unit 3
Unit Description: 3
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 3
Bathrooms: 1
Property Features
Exterior Material: Brick
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras: Laundry Facility
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air; Steam
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: Dishwasher; Range Oven; Refrigerator
Unit 2: Central Air; Deck/Patio; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System
Unit 3: Range/Oven; Central Air; Deck/Patio; Dishwasher; Refrigerator; Sep. Heat System
Supplements
through American Home Shield that covers all 3 units!
Seller's Disclosure/LBP Disclosure 
Listing Office: Berkshire Hathaway HomeServices MI
Listing Agent: Greg Miller
Last Updated: December - 19 - 2025
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