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Jim Blehm

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

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1201 Kimbark Ave , Kalamazoo, MI 49006
$1,070,000
Est. Payment: $2,377.78/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 15
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g156500 - gkaoz2885,gkaoz0847
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

Unlock exceptional cash-flow potential of $12,650/month with this modern, purpose-built multi-family student housing asset positioned steps from the Western Michigan University (WMU) campus. Designed specifically for high-density student living, this 2014-built property maximizes rental income through an expansive unit layout tailored to student demand. Built across 4 multi-bedroom units hosting up to 22 total bedrooms with prime campus proximity in a high-demand student corridor, ensuring consistent, year-over-year occupancy. Updated and turnkey with low-maintenance slab foundation, vinyl siding, central air conditioning, and forced-air heating keep capital expenditures low all new in 2014. Spacious open-concept common areas and large bedrooms designed specifically for group living. Ample street parking with attached multi-car garages and a concrete driveway providing 22 total parking spaces, a major competitive advantage for tenant!
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Highlights

Listed by Casity H Kao , 616-219-5343 and Charles Kao , 616-378-5044 Keller Williams GR North , 616-447-9100.

Property Type

Multi-Family
Lot/Acreage
0.38

Year Built

2014

County

Kalamazoo

 School District

Kalamazoo

Listing ID

26041511

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Slab

Exterior Features

Lot:Level
Garage Capacity:22
Roof:Composition
Sewer:Public Sewer
Parking Features:Concrete,Driveway
Principal Interest
$2,378
Taxes
$1,743

Home Price

$1,070,000

Loan Details

30 yrs
%

Down Payment

20%
$214,000
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:
$2,377.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,377.78 $1,742.66 $0.00 $4,120.44
Yearly $28,533.33 $20,911.95 $0.00 $49,445.28
Total $856,000.00 $627,358.50 $0.00 $1,483,358.50

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.