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Jim Blehm

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

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447 W Walnut St , Kalamazoo, MI 49007
$975,000
Est. Payment: $2,166.67/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 6
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House Description

Unique opportunity to own this historical gem in the heart of Kalamazoo's Vine Neighborhood. This 15 unit 3 story brick apartment building has had significant capital improvements over the years while maintaining it's 1907 character. 10 of the 15 units have had kitchen and bathroom remodels. Hardwood floors and built ins are featured in many units. Building features (9) 1 bedroom units, (5) 2 bedroom units, and a 4 bedroom unit. New electrical panel upgrades for all 15 units, back up electric heating systems in 4 units and 2 commercial water heaters, Rents have increased year over year. Historically fully occupied. Certification through 7/31/27. Seller is a licensed Realtor in the State of MI.

Highlights

Listed by Joseph Lukeman , 269-598-6567 Lukeman Group LLC , 269-598-6567.

Property Type

Multi-Family

Lot/Acreage
0.31

Year Built

1905

County

Kalamazoo

School District

Kalamazoo

Listing ID

26048453

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Interior Features

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

Exterior Features

Lot:Corner Lot
Garage Capacity:3
Roof:Rubber
Sewer:Public Sewer
Parking Features:Driveway,Gravel
Principal Interest
$2,167
Taxes
$980

Home Price

$975,000

Loan Details

30 yrs
%

Down Payment

20%
$195,000
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Monthly Price:
$2,166.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,166.67 $979.87 $0.00 $3,146.53
Yearly $26,000.00 $11,758.41 $0.00 $37,758.41
Total $780,000.00 $352,752.30 $0.00 $1,132,752.30

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.