- For Sale $1,789,000
- Property Type Multi-Family
- Property Size 17,115 SF
- Date Updated Apr 18, 2024
We are pleased to present this one of a kind 18 unit Multi-Family offering geographically positioned just outside of Downtown Kalamazoo. Nestled into the Walnut and Lovell district, this asset is one of only a few that offers, walking distance to bustling Downtown, neighborhood feel, and immediate proximity to Western Michigan University. Recently improved, this offering boast new roof and parking lot in the last 5 years as well as 14 of the 18 units have been modernized and rent improved. Significant upside remains for the next Owner to renovate the final 4 units.
- Location, Location, Location
- Capital Elements Improved
- 14 of 18 Units Modernized
- Value Add Play
- Below Market Rents
- Immediate Cash Flow
- Expansive Balconies
- Laundry On-Site
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Reach out to the broker for more info on lease terms and amenities
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Contacts
Matthew Callander
Callander Commercial
(269) 384-8368
Dave Keyte
Callander Commercial
(269) 373-8104
Location
Getting Around
-
Walk Score ®
Very Walkable (76) -
Bike Score ®
Very Bikeable (79)
- City Kalamazoo, MI
- Neighborhood Vine
- Zip Code 49007
- Market Grand Rapids
Points of Interest
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Kalamazoo
0.81 miles
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Shell
0.41 miles
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Citgo
0.44 miles
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Shell
0.77 miles
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Marathon
1.11 miles
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Marathon
1.17 miles
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Marathon
1.18 miles
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Citgo
1.28 miles
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Sunoco
1.40 miles
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ChargePoint
1.41 miles
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Marathon
1.49 miles
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Lot 4
0.23 miles
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Lot 6
0.25 miles
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Parking Lot 11
0.26 miles
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Lot 7
0.29 miles
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Parking Lot 10
0.31 miles
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Parking Lot 12
0.34 miles
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Parking Lot 17
0.35 miles
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Parking Lot 107
0.37 miles
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Parking Lot 88
0.40 miles
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Parking Lot 9
0.43 miles
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Cosmo's
0.15 miles
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Dairy Queen
0.29 miles
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Crow's Nest Restaurant
0.30 miles
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Martini's
0.32 miles
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Jimmy John's
0.36 miles
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Comensoli's
0.37 miles
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University Roadhouse
0.49 miles
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The Blue Dolphin Restaurant
0.57 miles
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Theo and Stacey's
0.58 miles
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Jimmy John's
0.58 miles
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El Sol Elementary
0.16 miles
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Community Education Center
0.23 miles
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Kalamazoo Area Mathematics & Science Center
0.24 miles
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Kalamazoo Adult & Community Education
0.24 miles
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Kalamazoo College
0.47 miles
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Kalamazoo Valley Community College
0.67 miles
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Kalamazoo College Athletics Fields Complex
0.69 miles
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Kalamazoo Valley Community College Center for New Media
0.70 miles
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Phoenix High School
0.71 miles
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Woodward School for Technology and Research
0.72 miles
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Gilden Woods Early Care and Preschool
2.67 miles