Kalamazoo, MI 49001 922 S Park Street
$400,000
25 more
Presented By: Lucas Howard at Keller Williams GR East - (616) 575-1800
Home Details
Introducing a fully renovated 6-unit property in Kalamazoo, blending modern convenience with timeless charm! This turnkey investment is fully leased and brings in over $5,400 in monthly rental income. Each unit has separate electric service, boosting both tenant satisfaction and operational efficiency. With immediate cash flow and strong potential for future value growth, this property is a standout addition to any rental portfolio. Don't wait—opportunities like this are hard to find! Portfolio Option: MLS 25040138, 25040139, 25040142, 25040146
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
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.
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
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 Amount8070.0
Tax Assessed Value116600
Tax Year2024
Tenant PaysElectric
TownshipKalamazoo City
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer
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
Parking FeaturesDriveway, Gravel
Road Surface TypePaved
SpaNo
Total Parking7.0
Waterfront Y/NNo
Additional Details
Price History
Arlene & William Lowe
Your Indiana Home Sweet Home Team
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