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Jim Blehm

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

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840 Village St , Kalamazoo, MI 49008
$59,900
Est. Payment: $133.11/mo
0 Bed
5 Bath
0 Sqft
Status: Active | Days on site: 1
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House Description

Rare opportunity to restore and reposition a historic 5-unit property located near Western Michigan University. FLOOR PLANS COMING SOON! This property offers excellent potential for an investor, developer, or experienced rehabber looking for a renovation project in a desirable rental market. Not interested in a rentals? This property could be restored into a gorgeous single-family home! The building retains historic character and features a NEWER ROOF (6 years old), providing an important head start on the renovation process. The property is currently in need of extensive repairs and renovation, making this an ideal opportunity for someone prepared to bring the property back to its full potential. With its proximity to Western Michigan University, the property could offer strong long-term rental potential following a successful renovation. The existing five-unit layout provides a foundation for a multi-family investment strategy, subject to buyer verification of zoning, unit configuration, occupancy requirements, and all applicable municipal approvals. Property is being SOLD AS IS, with ALL items/personal property the seller leaves. You may find some items of value! Buyers should conduct their own inspections and verify zoning, unit count, rental requirements, utilities, and renovation/occupancy requirements with the appropriate municipal authorities. Bring your vision and renovation expertise to this unique property and unlock its potential!

Highlights

Listed by Heather A Martell , 805-822-9218 and Rob Martell , 805-444-5546 Martell Realty Inc. , 269-273-6810.

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1895

County

Kalamazoo

School District

Kalamazoo

Listing ID

26048719

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:
Basement:Michigan Basement

Exterior Features

Lot:Level
Garage Capacity:5
Roof:Composition
Sewer:Public Sewer
Parking Features:Unpaved
Principal Interest
$133
Taxes
$166

Home Price

$59,900

Loan Details

30 yrs
%

Down Payment

20%
$11,980
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:
$133.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $133.11 $165.58 $0.00 $298.69
Yearly $1,597.33 $1,986.90 $0.00 $3,584.23
Total $47,920.00 $59,607.00 $0.00 $107,527.00

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.