447 W Walnut Street, Kalamazoo, Michigan, 49007
0.31 Acres
19 bd
#26048453
Unique opportunity to own this historical gem in the heart of Kalamazoo's Vine Neighborhood. This 15 unit 3 story brick apartment building has had significant capital improvements over the years while maintaining it's 1907 character. 10 of the 15 units have had kitchen and bathroom remodels. Hardwood floors and built ins are featured in many units. Building features (9) 1 bedroom units, (5) 2 bedroom units, and a 4 bedroom unit. New electrical panel upgrades for all 15 units, back up electric heating systems in 4 units and 2 commercial water heaters, Rents have increased year over year. Historically fully occupied. Certification through 7/31/27. Seller is a licensed Realtor in the State of MI.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Driveway, Gravel
- Parking Total: 3
- Zoning Description : LW1
- Heating on Property:
- Heating : Natural Gas, Hot Water
- Construction Materials: Brick
- Roof: Rubber
- Road Surface Type: Paved
- Basement Description : Full
- Basement on Property:
- Laundry Features : Common Area, In Basement
PROPERTY DETAILS
ID: 26048453
Status: Active
Price: $950,000
Acres: 0.31 Acres
Price Per Acre: $3,064,516
Type: Multi-family
Address: 447 W Walnut Street
City, State: Kalamazoo, Michigan
County: Kalamazoo
Zip Code: 49007
Lat/Long: 42.286039, -85.588737
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