Cross Streets: Vine & Park
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City
Auction or For Sale: For Sale
List Price/SqFt: 93.68
New Construction: No
Lot Dimensions: 100x100
Financial Available: Yes
Road Frontage: 100
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3308
Total Parking Spaces: 4
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 6098
Lot Acres: 0.14
Year Built: 1909
Taxable Value: 129400
SEV: 129400
For Tax Year: 2025
Seller's Annual Property Tax: 5763.28
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: RM-36 Res
Tax ID #: 06-22-157-005
Public Remarks: INVESTMENT OPPORTUNITY - HOUSE HACKERS!! Your chance to own a RARE newly renovated, original historic 4-unit apartment building in Kzoo!! This charming, large multifamily would be perfect for a house hacker who wants to live in 1 unit and generate instant cash-flow, or a great addition to an existing portfolio with close proximity to Western Michigan University.All units are very spacious 1 BR's with 9 ft. ceilings, LARGE rooms, dedicated parking spots, and have all been tastefully updated. 3 units currently occupied for a total of $2,765 /mo. Each unit has its own dedicated storage room in the basement along with shared laundry! The boiler is less than 2 years old and the water heater is brand new. The exterior was fully repainted last fall. Building is professionally managed
Legal: 40128 SILLS ADDITION S 1 R OF W 1/2 OF LOT 20 EXC E 60 FT N 53 FT OF W 1/2 OF LOT 21 EXC E 60 FT
Annual Insurance: 2500
Annual Maintenance: 2244
Annual Utilities: 5308
Gross Op. Inc.: 44400
Net Operating Income: 25378
Operating Expense: 19022
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
VA Loan: 1
In Basement: 1
Laundry Room: 1
Accessibility Features: No
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit Description: #1
SqFt: 650
Occupied: Yes
Monthly Rent: 905
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit Description: #2
SqFt: 650
Occupied: Yes
Monthly Rent: 910
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit Description: #3
SqFt: 650
Occupied: No
Monthly Rent: 950
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit Description: #4
SqFt: 650
Occupied: Yes
Monthly Rent: 935
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Close Of Escrow: 1
Subject To Tenant Rights: 1
County: Kalamazoo
Street #: 320
Street Direction: W
Street Name: Vine
Suffix: Street
State: MI
Zip Code: 49001
Zip (4): 2640
Area: Greater Kalamazoo - K
Status: Active
Current Price: $309,900
List Price: $309,900
Listing Date: 2025-11-16
Laundry Features: In Basement; Laundry Room
Exterior Material: Wood Siding
Substructure: Full
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Steam
Driveway: Paved
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Unit 4: Range/Oven; Refrigerator