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232 E Michigan Avenue Kalamazoo, MI $ 695,000
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$ 695,000 Get more info
232 E Michigan Avenue
$ 695,000
Back to search
Share Save

232 E Michigan Avenue

Kalamazoo, MI, 49007
$ 695,000
Bedrooms1 Baths2.3 Sq 3,400

Monthly Estimate*

$ 4,855

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Multi-Family Home for sale in Kalamazoo, MI

for $695,000 with 1 bedroom and 2 full baths, 3 half baths. This 3,400 square foot home was built in 1940 on a lot size of 0.04.

SELLER FINANCING AVAILABLE! This property located at 232 E Michigan Ave, Kalamazoo, MI, is a mixed use building. The first floor is a commercial space, currently leased by a successful Pizza Shop. The second floor contains two, 1 Bed / 1 Bath residential units that are both currently rented. Entire second floor rehabbed in 2019 with all new finishes, new windows, on-demand water heaters, in unit washer/dryer, dishwasher, and stainless steel appliances, and exposed brick. Current deal in place for parking spots for units behind the building. The back of the building backs up to Bates Alley which includes a great piece of Kalamazoo nightlife. Great cash flowing property. Overall, this property offers a spacious and well-designed living space with a rich history, making it an appealing option for those seeking a investment property in Kalamazoo, MI. Contact for financials.

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Multi-Family Active

Price

$ 695,000

Bedrooms

1

Full Bath

2

Half Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Historic,Traditional

Lot Size

0.04

Year Built

1940

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

20240011236
Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 3
Fireplace 0
Street Suffix Avenue
Total Baths 2.30
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General
Sewer Septic Tank (Existing) Sewer at Street
Heating Forced Air
Possession At Close
Pets Allowed No
Zoning Multiple
Pool Y/N 0
Full Baths 2
Half Baths 3
Year Built 1940
Property Type Multifamily
Subdivision Name ORIGINAL PLAT - CITY OF KALAMAZOO
Transaction Type Sale
Basement Type Interior Entry (Interior Access) Partially Finished Private
Status Active
Short Sale No
Parking Total 0
Construction Materials Brick
Cumulative Days on Market 59
MLS Area Kalamazoo
Directions Heading North on Westnedge Avenue Turn right to head East on East Michigan to Property
City Kalamazoo
Terms Offered Cash Conv. Blend Rt
School District Kalamazoo
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name MICHIGAN
Homestead 0
Assessment 0.00
Total Sq Ft 3400
DOM 59
Legal Description 288 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO Liber 6 of Plats Page 8; THAT PART OF SWLY 20FT OF NELY 21.25FT OF LOT 99 N OF BATES ALLEY. PA 255 8780042
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Exterior
Waterfront 0
Lot Size Area 0.04
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions Irregular
Architecture Level 2 Story
Architecture Style Historic Traditional
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Scott Rubin

Listing Agent

Andover Real Estate

Broker

(248) 206-5622

Phone

Affordability Calculator

$4,855
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,855
Monthly Property Taxes
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Monthly Home Insurance
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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
1597244 Elementary School
1597242 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/14/2024$695,000 -6.71% Price Down
2/23/2024$745,000 Listed Price

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232 E Michigan Avenue, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $695,000 with 3,400 sqft and a lot size of 0.04. 232 E Michigan Avenue has 1 bedrooms, 2.3 baths, and was built in 1940. The property's zip code is 49007 which is in Kalamazoo, MI

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