3025 E Main Street Kalamazoo, MI ^$ 415,000

3025 E Main Street

^$ 415,000

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3025 E Main Street

Kalamazoo, MI, 49048

^$ 415,000

Studio Baths0.0

Monthly Estimate*

^$ 2,899

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $415,000. This home was built in 1955 on a lot size of 0.27.

Well maintained 5 unit brick building in Eastwood neighborhood of Kalamazoo. Property has four large, 1 bedroom/1 bathroom units and 1 studio unit in the basement. There is shared, coin operated laundry in the basement. Two stall garage that generates monthly income of $150. Property is heated by a boiler, paid by landlord. Tenants pay stove gas and electric. Units 1-4 have A/C units. Landlord provides water/sewer, lawn/snow, & trash services. Off street parking for 5-7 vehicles. Unit 1 tenant is moving out at the end of April and Unit 5 is moving to Unit 1. Unit 5 will be vacant and available. No municipal rental inspection required. Income Statement provided in attachments does not include - taxes/insurance or garage rental income.

Multi-Family Active

Price

^$ 415,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 8,325

Style

Lot Size

0.27

Year Built

1955

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70400292

Features

General

Heating Hot Water

Possession Subject To Tenant Rights

Garage Additional Garage(s)

Water Public Water

Status Active Active

Year Built 1955

County Kalamazoo

Class MULTIFAMILY

Type Multi-Family

Municipality Kalamazoo Twp

Subdivision MI

Area Kalamazoo Twp (39007)

Primary City Kalamazoo

Directions From Sprinkle Rd. Head west property on north side of E Main.

City Kalamazoo

School District Kalamazoo Public School District

Street Name Main

Financial Terms Cash Conventional

Legal Description 2574000 3906 12 382 010 EAST LAWN LOTS 1 & 2 BLK 12

DOM 8

Postal Code 49048

Coming Soon Well maintained 5 unit brick building in Eastwood neighborhood of Kalamazoo. Property has four large 1 bedroom/1 bathroom units and 1 studio unit in the basement. There is shared

Exterior

Exterior Brick

Frontage 88

Lot Size Area 0.27

Lot Dimensions 88x132

Waterfront Y/N No

Interior

Total Number of Units 5

Fuel Type Natural Gas

* Excluded Features

List By

Madison Lukeman

Listing Agent

Lukeman Group Llc

Broker

mlukeman@lukemangroup.com

Affordability Calculator

$3,593

Per Month

Monthly Principal & Interest: $2,899
Monthly Property Taxes: $694
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

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$370,986

Percent of Sale Price 11%

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
4/16/2024	$415,000		Listed Price

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3025 E Main Street, Kalamazoo, MI, 49048 is a Multi-Family Home for sale at $415,000 with a lot size of 0.27. 3025 E Main Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 49048 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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3025 E Main Street

Multi-Family Home for sale in Kalamazoo, MI

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