Kalamazoo, MI 49001 922 S Park Street

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Presented By: Lucas Howard at Keller Williams GR East - (616) 575-1800
  • MLS# 24057863
  • 11/05/2024
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Home Details

Unveiling a completely revitalized, city certified 6-unit property in Kalamazoo, offering top-to-bottom renovations that deliver both modern convenience and timeless appeal! This turnkey investment opportunity comes fully rented, generating $5,490 in monthly income. Each unit features separate electric, enhancing tenant satisfaction and operational efficiency. With immediate cash flow and significant potential for future value appreciation, this property is a fantastic addition to your rental portfolio. Act now, opportunities like this are rare! Available individually or as a 21-unit portfolio MLS 24058041
Presented By: Lucas Howard at Keller Williams GR East - (616) 575-1800

Interior Features for 922 S Park Street

Bathrooms

Total Baths

Other Interior Features

BasementMichigan Basement
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1

General for 922 S Park Street

Additional Parcels Y/NNo
Attached Garage No
CityKalamazoo
Construction MaterialsWood Siding
CountyKalamazoo
DirectionsPark street south pass Burr Oak to property.
Electric On Property Y/NNo
Gross Income42678.23
HeatingForced Air
High School DistrictKalamazoo
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPART OF THE NORTHWEST OF SECTION 22, TOWN 02 SOUTH, RANGE 11 WEST DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST 1/4 CORNER OF SECTION 22, TOWN 02 SOUTH, RANGE 11 WEST, THENCE SOUTH 88 DEGREES 56 MINUTES 55
Listing TermsCash, Conventional
Lot Size Square Feet10019.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-09T20:16:31Z
Net Operating Income20442.56
New ConstructionNo
Number Of Units Total6
Occupancy TypeTenant
Operating Expense22235.67
OwnerPaysTrash Collection, Water, Sewer, Gas
PossessionSubject To Tenant Rights
Property Subtype5+ Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4522.0
Tax Assessed Value116600
Tax Year2023
Tenant PaysElectric
TownshipKalamazoo City
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Waterfront Y/NNo
Year Built1905
Zoning DescriptionR

Exterior for 922 S Park Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions73 x 165
Lot FeaturesFlag Lot
Lot Size Acres0.23
Lot Size Area0.23
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway, Gravel
Road Surface TypePaved
SpaNo
Total Parking7.0

Additional Details

Price History

Joanie Sulivan

Price $420,000
MLS#24057863
List Date 11/05/2024
Property Type Multi-Family
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