REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,070,000
Est. payment /mo
Active
1201 Kimbark Avenue Kalamazoo, MI 49006
0.38 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70551173
Year Built 2014
Annual Tax Amount $20,911
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 125 x 132
Property Sub-Type Multi-Family
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 Kalamazoo (39022)
Zoning Residential
Interior
Heating Forced Air
Exterior
Exterior Feature Stone, Vinyl Siding
Parking Features Additional Garage(s)
Building
Foundation Slab
Structure Type Stone,Vinyl Siding
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 Keller Williams GR North