16
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$365,000
Est. payment /mo
3,239 SqFt
Price Dropped by $10K
908 S Park Street Kalamazoo, MI 49001
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,239 sqft
Price per Sqft $112
Subdivision Mi
MLS Listing ID 70556358
Year Built 1912
Annual Tax Amount $9,187
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 160x60
Property Sub-Type Multi-Family
Property Description
Two historic buildings, one turnkey income stream near downtown Kalamazoo. Built in 1912, six fully-occupied units (four 2-bed, two 1-bed) sit walking distance to WMU, Kalamazoo College, and Bronson Hospital, right on the bus line -- a tenant mix that spans students, hospital staff, and young professionals. Sold at $375,000 -- roughly $62,500/door, a basis that leaves room for long-term rent growth. Tenants cover gas and electric; owner pays only water. Shared coin-op laundry adds ancillary income. Separate heat systems per unit isolate maintenance and reduce turnover friction, while public water/sewer and paved off-street parking keep upkeep low. A clean, cash-flowing asset in one of Kalamazoo's most consistently rentable pockets.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Wood
Amenities Available Laundry Facility
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Wood
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by MOXIE Real Estate + Development
Nearby Locations
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