755 Portage Street, Kalamazoo, Michigan, 49001
4,000 Sqft
0.10 Acres
3 ba
#26023682
Turnkey 3-unit investment opportunity with additional development potential! This 4,800 sq ft property features strong rental income, off-street parking, and two additional lots included in the sale. The property includes an 800 sq ft front apartment, a 2,000 sq ft rear unit, and an additional income-producing unit. Updates include a new HVAC system, new water heater, and 3-inch spray foam insulation for improved efficiency. The upstairs unit has a rental potential of $1,775/month, while the smaller unit is currently rented at $875/month. The seller currently pays water, sewer, and garbage. Electric and gas are separately metered for the downstairs unit, with separate water metering as well. Great opportunity for investors seeking cash flow and long-term upside.
PROPERTY FEATURES
- Business Type : Other, Professional/Office, Professional Service, Restaurant, Retail
- Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
- Water Source : Public
- Sewer : Public Sewer
- Parking Total: 6
- Zoning Description : 2
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Vinyl Siding, Block, Frame
- Roof: Composition, Rubber
- Road Surface Type: Paved
- Basement on Property:
PROPERTY DETAILS
ID: 26023682
Status: Pending Sale
Price: $309,000
Acres: 0.10 Acres
Price Per Acre: $3,090,000
Type: Other
Address: 755 Portage Street
City, State: Kalamazoo, Michigan
County: Kalamazoo
Zip Code: 49001
Lat/Long: 42.284319, -85.573534
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