521 Pearl Street Active Save Request In-Person Tour Request Virtual Tour
Kalamazoo,MI 49007
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65024058041
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1924
Annual Tax Amount $24,636
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 66 x 165
Property Description
Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings--8-unit, 6-unit, 4-unit, and 3-unit properties--this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to aa new one. MLS 24057862, 24057863, 24057861 and 24057860
Location
State MI
County Kalamazoo
Area Kalamazoo
Zoning Other
Direction 521 Pearl St - one block West Of Westnedge Avenue on Pearl Street. 922 S Park St - Park street south pass Burr Oak to property. 319 W Dutton St - one St. N. Of Vine Between Park And Rose. 731 Village St - Westnedge Avenue go South to Village Street and then West to home.
Interior
Interior Features Laundry Facility
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 12.0
Roof Type Composition
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water Public (Municipal),Water at Street
Structure Type Brick,Wood
Schools
School District Kalamazoo
Others
Pets Allowed Yes
Tax ID 0621238339
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional