$325,000
$329,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
2708 Nichols Road Kalamazoo, MI 49004
0.3 Acres Lot
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24039575
Year Built 1974
Annual Tax Amount $5,479
Tax Year 2023
Lot Size 0.300 Acres
Property Description
MULTIFAMILY INVESTMENT OPPORTUNITY: This multifamily property offers 4 units of approx. 900 SF - 2 units are garden-level - featuring 2 bedrooms/1 bathroom with exterior entrance, gas boiler baseboard heat, split-system wall A/C units, and 1 unit with dishwasher. Building is stick-built, vinyl-sided, 2-story construction situated on a 0.30-acre parcel on Kalamazoo's northwest side. Additional amenities include interior common entrance, common-area stackable washer/dryer, on-site parking (approx. 10 spaces), and common-area janitorial, lawncare, and parking lot snow removal services. Tenants are responsible for unit electric, telephone, cable/data, and rental insurance. Location offers a suburban feel close to downtown Kalamazoo, WMU and Kalamazoo College, as well as the W. Main St./N. Drake Rd. retail corridor. Great rental history. 100% occupied with month-to-month leases.
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplaces Number 1
Laundry Common Area, See Remarks
Exterior
Garage Asphalt, Driveway
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Broadband
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Level, Corner Lot
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash
Listing Terms Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP