Kalamazoo, MI 49007,521 Pearl Street
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Kalamazoo, MI 49007,521 Pearl Street
Kalamazoo, MI 49007,521 Pearl Street
Kalamazoo, MI 49007,521 Pearl Street
Kalamazoo, MI 49007,521 Pearl Street
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2025
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$ 1,470,000
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521 Pearl Street Kalamazoo, MI 49007

0.25 Acres Lot


UPDATED:

11/18/2024 07:54 PM

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Kalamazoo City

MLS Listing ID 24058041

Year Built 1924

Annual Tax Amount $24,636

Tax Year 2023

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66 x 165

Property Description

Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings—8-unit, 6-unit, 4-unit, and 3-unit properties—this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to a a new one. MLS 24057862, 24057863, 24057861 and 24057860 a new one. MLS 24057862, 24057863, 24057861 and 24057860

Location

State MI

County Kalamazoo

Area Greater Kalamazoo - K

Direction 521 Pearl St - one block West Of Westnedge Avenue on Pearl Street. 922 S Park St - Park street south pass Burr Oak to property. 319 W Dutton St - one St. N. Of Vine Between Park And Rose. 731 Village St - Westnedge Avenue go South to Village Street and then West to home.

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplaces Number 4

Exterior

Parking Features Unpaved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Storm Sewer

View Y/N No

Roof Type Composition

Total Parking Spaces 12

Building

Sewer Public Sewer

Structure Type Brick,Wood Siding

New Construction No

Schools

School District Kalamazoo

Others

Tax ID 06-21-238-339

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Keller Williams GR East
agent

Leslie Baker

+1(616) 218-0650

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521 Pearl Street