809 W Cedar Street new Save Request In-Person Tour Request Virtual Tour
Kalamazoo,MI 49007
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025038683
Bedrooms 7
Year Built 1865
Annual Tax Amount $5,612
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions IRR
Source Greater Regional Alliance of REALTORS®
Property Description
30-year DSCR financing available! Excellent investment opportunity in the heart of Kalamazoo. This 7-unit, city-certified multi-family property includes two buildings on one parcel--a 3-unit and a 4-unit--currently generating $5,945/month in gross rent. With strong cash flow, functional layouts, and long-term tenant stability, this asset offers immediate returns and future upside. Utilities are gross leased, with costs annualized and charged back to tenants. Located near Western Michigan University, Kalamazoo College, downtown shops, Bronson Park, and more. Off-street parking included. A prime option for portfolio growth or optional owner-occupancy. Priced at $539,990.
Location
State MI
County Kalamazoo
Area Kalamazoo
Zoning Residential
Direction Stadium to Lovell, East on Lovell to Davis, South on Davis to Cedar, East on Cedar to address.
Interior
Heating Baseboard,Radiant
Cooling Window Unit(s)
Fireplace no
Heat Source Electric,Natural Gas
Exterior
Garage Spaces 7.0
Roof Type Composition,Other
Road Frontage Paved
Garage no
Private Pool No
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal)
Structure Type Stucco,Shingle Siding
Schools
School District Kalamazoo
Others
Pets Allowed Yes
Tax ID 0621235434
Acceptable Financing Assumable (Asm-Lend App),Cash,Conventional,FHA,VA
Listing Terms Assumable (Asm-Lend App),Cash,Conventional,FHA,VA
Financing Assumable (Asm-Lend App),Cash,Conventional,FHA,VA