521 N Spruce Street, Vicksburg, MI 49097

$344,000
Property Type: Multi Family Lot Size (sq. ft.): 18,731 Status: Active
Current Price: $344,000 List Date: 5/23/2026 Last Modified: 7/18/2026

Overview

Description

Rare Turn-Key Investment Opportunity in Vicksburg! A truly exceptional addition to any portfolio, this property stands as the only 4-unit multi-family building in the entire Vicksburg area. Offering immediate, reliable cash flow, this turn-key investment is being sold with full occupancy already in place. Tenant demand is exceptionally high for this property, largely driven by the highly desirable single-story layout--all four units are entirely on one level, eliminating stairs and appealing to a remarkably broad pool of long-term renters. Situated on a generous lot just north of downtown, tenants enjoy the perfect balance of small-town charm and seamless access to local amenities and major commuter routes. With low vacancy history, solid bones, and predictable overhead, this unique income generator is ready to perform from day one. Schedule your private tour today.

Listing Details MLS# 26024522

Location Property Info

County
Kalamazoo
Street #
521
Street Direction
N
Street Name
Spruce
Suffix
Street
State
MI
Zip Code
49097
Zip (4)
1198

General Property Info

Lot Measurement
Acres
Lot Square Footage
18731
Lot Acres
0.42
Lot Dimensions
Irregular
Year Built
1963
New Construction
No
Cert of Compliance
Yes
Road Frontage
Yes
Total # Units
4
# of Diff Unit Floor Plans
Yes
Total # Bldgs
Yes
Total Parking Spaces
8
Waterfront
No
School District
Vicksburg
Basement
No

Tax Info

Tax ID #
15-18-151-002
Taxable Value
101800
SEV
101800
For Tax Year
2025
Seller's Annual Property Tax
2277
Tax Year
2025
Homestead %
25
Spec Assessment & Ty
none
Zoning
r-2

Remarks Misc

Directions
Located on Spruce Street between Pearl & Townline

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Terms Available

Land Contract Down Payment
70000
Land Contract Interest Rate
8%
Land Contract Monthly Payment
2333
Land Contract Terms (# Months)
120
Cash
Yes
Conventional
Yes
FHA
Yes
Land Contract
Yes
VA Loan
Yes

Unit 1

Unit Description
Yes
SqFt
500
Occupied
Yes
Monthly Rent
975
Bathrooms
Yes
Full Baths
Yes

Unit 2

Unit Description
2
SqFt
500
Occupied
Yes
Monthly Rent
880
Bathrooms
Yes
Full Baths
Yes

Unit 3

Unit Description
3
SqFt
500
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Monthly Rent
0

Unit 4

Unit Description
4
SqFt
500
Occupied
Yes
Monthly Rent
760
Bathrooms
Yes
Full Baths
Yes

Location & Property Info

Cross Streets
Pearl & Townline
Property Sub-Type
2 to 4 Units
Municipality
Brady Twp
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
Rare Turn-Key Investment Opportunity in Vicksburg! A truly exceptional addition to any portfolio, this property stands as the only 4-unit multi-family building in the entire Vicksburg area. Offering immediate, reliable cash flow, this turn-key investment is being sold with full occupancy already in place. Tenant demand is exceptionally high for this property, largely driven by the highly desirable single-story layout--all four units are entirely on one level, eliminating stairs and appealing to a remarkably broad pool of long-term renters. Situated on a generous lot just north of downtown, tenants enjoy the perfect balance of small-town charm and seamless access to local amenities and major commuter routes. With low vacancy history, solid bones, and predictable overhead, this unique income generator is ready to perform from day one. Schedule your private tour today.
Legal
VILLAGE OF VICKSBURG UNPLATTED NW1/4 SEC 18 COM NE COR LOT 42 WOOLVERTON REVISED ADDITION TO VILLAGE OF VICKS BURG TH N ALG W LI SPRUCE ST 66 FT TO BEG TH N 89 DEG 55 MIN 30 SC W 132 FT TH N PAR W LI SD ST 143 FT TH S 89 DEG 55 MIN 30 SC E 132 FT TH S ALG W LI SD ST 143 FT TO PL OF BEG .43 A

Util Avail at Street

Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Public Sewer
Yes
Public Water
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Electric
Yes

Sale Conditions

None
Yes

Heat Type

Baseboard
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Sewer
Yes
Trash
Yes

Substructure

Crawl Space
Yes

Owner Pays

Water
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Property Features

Exterior Material: Vinyl Siding Roofing: Composition Substructure: Crawl Space Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water Owner Pays: Water Tenant Pays: Electric; Gas; Sewer; Trash Heat Source: Electric Heat Type: Baseboard Terms Available: Cash; Conventional; FHA; Land Contract; VA Loan Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None
IDX
Listing Office: Bellabay Realty LLC
Listing Agent: Dustin J Phillips
Source MLS Verified
Last Updated: July - 18 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.