755 Portage Street, Kalamazoo, MI 49001
sale
$317,000
|
Retail
Courtesy Of Grand Rapids Market Center East
630 Kenmoor se, Grand Rapids, MI 49546
Turnkey 3-unit investment opportunity with additional development potential! This 4,800 sq ft property features strong rental income, off-street parking, and two additional lots included in the sale. The property includes an 800 sq ft front apartment, a 2,000 sq ft rear unit, and an additional income-producing unit. Updates include a new HVAC system, new water heater, and 3-inch spray foam insulation for improved efficiency. The upstairs unit has a rental potential of $1,775/month, while the smaller unit is currently rented at $875/month. The seller currently pays water, sewer, and garbage. Electric and gas are separately metered for the downstairs unit, with separate water metering as well. Great opportunity for investors seeking cash flow and long-term upside.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 3
- Exterior Type: Vinyl Siding
- Heating System: Forced Air
- Legal Description: Lot 22 of Millard addition
- MLSID: 26023682
- Parking Spaces: 6
- Roof Type: Composition
- Roof Type: Rubber
- Rooms: Basement
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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