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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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108 Hutchinson St , Kalamazoo, MI 49001
$194,900
Est. Payment: $433.11/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 111
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k1782 - k425556
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 12/31/2027 Excellent income-producing opportunity in Kalamazoo! 108 Hutchinson features three rental units with strong cash flow already in place. Unit 1 is a spacious 3-bedroom apartment currently rented for $1,130/month. Unit 2 is a 1-bedroom unit bringing in $600/month, while Unit 3 is a desirable 2-bedroom apartment located above the garage and currently rented for $850/month. With a total monthly rental income of $2,580, this property makes a fantastic addition to any investment portfolio. Newer roof; newer furnaces and water heaters. Landlord pays Water/sewer & trash. Conveniently located near downtown Kalamazoo, shopping, dining, and local amenities, this multi-unit property offers steady income potential and long-term upside for investors looking to expand their portfolio.
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Highlights

Listed by Ahmed ''Ali'' Khalil , 269-569-4019 Real Broker, LLC , 855-450-0442.

Property Type

Multi-Family
Lot/Acreage
0.44

Year Built

1941

County

Kalamazoo

 School District

Kalamazoo

Listing ID

26023749

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Basement:Partial

Exterior Features

Garage Capacity:6
Sewer:Public Sewer
Principal Interest
$433
Taxes
$341

Home Price

$194,900

Loan Details

30 yrs
%

Down Payment

20%
$38,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$433.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $433.11 $340.67 $0.00 $773.78
Yearly $5,197.33 $4,088.00 $0.00 $9,285.33
Total $155,920.00 $122,640.00 $0.00 $278,560.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Kalamazoo, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.