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Nick Sage

nicksage74@gmail.com +1(248) 240-4901

$ 194,900

Est. payment | -/mo

0.44 Acres Lot

Save

$ 194,900

Est. payment | -/mo

Save

0.44 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 66026023749

Year Built 1941

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type MultiFamily

Property Description

** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 12/31/2027 Excellent income-producing opportunity in Kalamazoo! 108 Hutchinson features three rental units with strong cash flow already in place. Unit 1 is a spacious 3-bedroom apartment currently rented for $1,130/month. Unit 2 is a 1-bedroom unit bringing in $600/month, while Unit 3 is a desirable 2-bedroom apartment located above the garage and currently rented for $850/month. With a total monthly rental income of $2,580, this property makes a fantastic addition to any investment portfolio. Newer roof; newer furnaces and water heaters. Landlord pays Water/sewer & trash. Conveniently located near downtown Kalamazoo, shopping, dining, and local amenities, this multi-unit property offers steady income potential and long-term upside for investors looking to expand their portfolio.

Location

State MI

County Kalamazoo

Area Area39062Kalamazoo

Rooms

Basement Partial

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Building

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction No

Schools

School District Kalamazoo

Others

Acceptable Financing Cash, Contract, Conventional, FHA, VaLoan

Listing Terms Cash, Contract, Conventional, FHA, VaLoan

Listed by Ahmed ''Ali'' Khalil of Real Broker, LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 240-4901

nicksage74@gmail.com

8195 S Saginaw St, Grand Blanc, MI 48439-1885, USA

108 Hutchinson ST Kalamazoo City, MI 49001