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727 S Park St Kalamazoo, MI 49007

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Pending
$309,900

Rare, renovated 5-unit apartment building near Western Michigan University.

Lot size:
0.14 Acres

Property Features for 727 S Park St

General Information

Property type
Investment
Standard status
Pending
Lot size
0.14 Acres

Building Details

Year built
1909

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Listing Contact
Patrick L Mccullough
Source: Elliman

Listing Agent: Patrick L Mccullough

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Historic Kalamazoo Apartment Building

This is a rare, newly renovated, original historic 5-unit apartment building. The property is located in close proximity to Western Michigan University. All units are spacious 1-bedroom apartments featuring 9-foot ceilings and large rooms. Each unit has been updated and includes a dedicated parking spot. There are currently 3 units occupied, generating a total of $2,765 per month. Each unit also has its own dedicated storage room in the basement, along with shared laundry facilities. The boiler is less than 2 years old, and the water heater is brand new. The exterior of the building was fully repainted last fall. The building is professionally managed.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Kalamazoo
County
Kalamazoo
State
Michigan
Longitude
-85.587149
Latitude
42.284448

FAQs

What type of property is this?
Apartment building - Rare, renovated 5-unit apartment building near Western Michigan University.
Where is this apartment building located?
The property is located at 727 S Park St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: - Newly renovated, historic 5-unit apartment building.; - Investment opportunity with existing rental income ($2,765/month from 3 occupied units).; - Close proximity to Western Michigan University.
More about this property
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