814 W Walnut Street Kalamazoo, MI ^$ 1,789,000

814 W Walnut Street

^$ 1,789,000

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814 W Walnut Street

Kalamazoo, MI, 49007

^$ 1,789,000

Studio Baths0.0 Sq 17,115

Monthly Estimate*

^$ 12,497

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $1,789,000. This 17,115 square foot home was built in 1965 on a lot size of 0.4.

We are pleased to present this one of a kind 18 unit Multi-Family offering geographically positioned just outside of Downtown Kalamazoo. Nestled into the Walnut and Lovell district, this asset is one of only a few that offers, walking distance to bustling Downtown, neighborhood feel, and immediate proximity to Western Michigan University. Recently improved, this offering boast new roof and parking lot in the last 5 years as well as 14 of the 18 units have been modernized and rent improved. Significant upside remains for the next Owner to renovate the final 4 units.

Multi-Family Active

Price

^$ 1,789,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 23,237

Style

Lot Size

0.4

Year Built

1965

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70342404

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Year Built 1965

County Kalamazoo

Class MULTIFAMILY

Type Multi-Family

Municipality Kalamazoo

Subdivision MI

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions Located on Walnut Street between Westnedge & Davis

City Kalamazoo

School District Kalamazoo Public School District

Street Name Walnut

Financial Terms Cash Conventional

Legal Description On File

DOM 124

Postal Code 49007

Price Per Sq Ft 104.53

Coming Soon We are pleased to present this one of a kind 18 unit Multi-Family offering geographically positioned just outside of Downtown Kalamazoo. Nestled into the Walnut and Lovell district

Exterior

Exterior Brick

Frontage 135

Lot Size Area 0.4

Lot Dimensions 135' x 124'

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 18

Fuel Type Electric

* Excluded Features

List By

Matthew Callander

Listing Agent

Callander Commercial

Broker

mcallander@ccmichigan.com

Affordability Calculator

$14,433

Per Month

Monthly Principal & Interest: $12,497
Monthly Property Taxes: $1,936
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$377,564

Percent of Sale Price 79%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2662308 Elementary School

2662311 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/29/2024	$1,789,000	-10.55%	Price Down
11/28/2023	$1,999,995		Listed Price

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814 W Walnut Street, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $1,789,000 with 17,115 sqft and a lot size of 0.4. 814 W Walnut Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 49007 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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814 W Walnut Street

Multi-Family Home for sale in Kalamazoo, MI

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