$725,000
241 Parcom St, Kalamazoo, MI 49048
0 Beds
0 Baths
n/a sqft

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11 unit apartments for sale on the Kalamazoo River! 3 duplexes (one unit has been converted into an office and can easily be converted back) one quadplex, and one house (address: 234 Brookeview St. driveway exists around the corner) sit on a parklike 3.61+/- acres. Also included is a 40x54 pole barn with 14' sidewalls and electric. The 10 occupied units (minus office unit) bring in a gross rent of almost $90,000 a year. The house on the other side of the creek and the white duplex with office are on separate meters, and pay their own utilities. All other units are metered together, and are included in rent. House has a well, all others are city water and sewer. The owner carries flood insurance on the quadplex. I-94 is around the corner, 3 miles to Gull Road, and 4 miles to Mich Ave
  • Price:
  • $725,000
  • Acreage:
  • 3.61
  • Listing ID #:
  • 21105944
  • Street Address:
  • 241 Parcom St
  • City:
  • Kalamazoo
  • State:
  • Michigan
  • Postal Code:
  • 49048
  • County:
  • Kalamazoo
  • Community:
  • Greater Kalamazoo - K
  • Subarea:
  • K13 - Comstock & Charleston
  • Listing Status:
  • Active
  • Listing Type:
  • 5+ Units
  • Has Basement:
  • Yes
  • Number Of Units:
  • 11
  • Unit1 Square Footage Range:
  • 1200.00
  • Unit2 Square Footage Range:
  • 1200.00
  • Unit3 Square Footage Range:
  • 1050.00
  • Unit4 Square Footage Range:
  • 900.00
  • Unit5 Square Footage Range:
  • 945.00
  • Unit6 Square Footage Range:
  • 945.00
  • Unit7 Square Footage Range:
  • 450.00
  • Unit8 Square Footage Range:
  • 1100.00
  • Conforms To Zoning:
  • 201-Commercial
  • Extra Features:
  • Private Frontage
  • Lot Square Footage:
  • 157252.00
  • Road Frontage:
  • 260.00
  • Financing Options:
  • Cash, Conventional
  • Property Taxes:
  • $7,920
  • Tax Year:
  • 2021
  • Driveway:
  • Gravel
  • Parking Spaces:
  • 22.0000
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Sewage Type:
  • Public
  • Has Water Access:
  • Yes
  • Water Body Type:
  • River
  • Waterfront:
  • Yes
  • Waterfront Footage:
  • 500.00
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Faith Ferris of Miller Real Estate
  • KZOO

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