35
See all 35 photos
$1,070,000
Est. payment /mo
0.38 Acres Lot
Active
1201 Kimbark AVE Kalamazoo City, MI 49006
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026041511
Year Built 2014
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type MultiFamily
Property Description
Unlock exceptional cash-flow potential of $12,650/month with this modern, purpose-built multi-family student housing asset positioned steps from the Western Michigan University (WMU) campus. Designed specifically for high-density student living, this 2014-built property maximizes rental income through an expansive unit layout tailored to student demand. Built across 4 multi-bedroom units hosting up to 22 total bedrooms with prime campus proximity in a high-demand student corridor, ensuring consistent, year-over-year occupancy. Updated and turnkey with low-maintenance slab foundation, vinyl siding, central air conditioning, and forced-air heating keep capital expenditures low all new in 2014. Spacious open-concept common areas and large bedrooms designed specifically for group living. Ample street parking with attached multi-car garages and a concrete driveway providing 22 total parking spaces, a major competitive advantage for tenant!
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry InBasement, InGarage
Exterior
Parking Features Concrete, Garage
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Casity H Kao of Keller Williams GR North
NEARBY SCHOOL & BUSINESS
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