Courtesy of MOXIE Real Estate + Development, Kyle Kimble

908 S Park Street, Kalamazoo, Michigan, 49001

$365,000
0.22 Acres
8 bd
#26046705
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.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Phone Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Water Source : Public
  • Sewer : Public Sewer
  • Community Features : Sidewalks
  • Parking Features: Paved
  • Parking Total: 8
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Stucco, Wood Siding
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Full
  • Basement on Property:
PROPERTY DETAILS
ID: 26046705
Status: Active
Price: $365,000
Acres: 0.22 Acres
Price Per Acre: $1,659,091
Type: Multi-family
Address: 908 S Park Street
City, State: Kalamazoo, Michigan
County: Kalamazoo
Zip Code: 49001
Lat/Long: 42.282921, -85.587557
Presented By: Kyle Kimble
Phone:
Email: Click to Contact