Homes for sale - 521 Pearl Street, Kalamazoo, MI 49007

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 1,470,000

Est. payment -/mo

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Active

521 Pearl Street Kalamazoo, MI 49007

0.25 Acres Lot

UPDATED:

11/18/2024 07:24 PM

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

Listed by Lucas Howard of Keller Williams GR East