1201 Kimbark Avenue, Kalamazoo, MI 49006
- $1,070,000
- List Price
- $1,070,000
- Days on Market
- 9
- MLS#
- 26041511
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Unlock exceptional cash-flow potential of $12,650/month with this modern, purpose-built multi-family student housing asset positioned steps from the Western Michigan University (WMU) campus. Designed specifically for high-density student living, this 2014-built property maximizes rental income through an expansive unit layout tailored to student demand. Built across 4 multi-bedroom units hosting up to 22 total bedrooms with prime campus proximity in a high-demand student corridor, ensuring consistent, year-over-year occupancy. Updated and turnkey with low-maintenance slab foundation, vinyl siding, central air conditioning, and forced-air heating keep capital expenditures low all new in 2014. Spacious open-concept common areas and large bedrooms designed specifically for group living. Ample street parking with attached multi-car garages and a concrete driveway providing 22 total parking spaces, a major competitive advantage for tenant!
Additional Information
- Owner Pays
- Electricity, Gas, Trash Collection
- Taxes
- $20,911
- Acres
- 0.38
- Basement
- Slab
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Kalamazoo
- Sewer
- Public Sewer
- Tenant Pays
- Sewer, Water
- Total Parking Spaces
- 22
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Casity H Kao from Listing Office: Keller Williams GR North.
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