For Sale - Investment Property
|Home size||4,048 sqft|
|Lot Size||15,334 sqft|
|Days on Market||462|
Don't miss this unique rental-property opportunity located just off the campus of WMU on Fraternity Village Drive. This duplex offers 2 completely separate rental units. The smaller unit features a great room w/kitchen, 5 - 12'x12' bedrooms - 4 on the MF & 1 in the LL, 3 Baths - 2 in the MF & 1 on the LL, an in-unit LL laundry room, LL utility/storage room & 4 stall garage. The larger unit features a great room w/kitchen, 6 - 12'x12' bedrooms - 5 on the MF & 1 in the LL, 3 baths - 2 on the MF & 1 in the LL, an in unit LL laundry room, LL utility/storage room & 5 stall garage. Appliances & HVAC systems have been well maintained & annually serviced. Both units are already rented for the 2019-2020 lease term & monthly rent is $5665. This building has a cap rate of 8+% so check it out TODAY!
Property Type(s): Multi Family
|Last Updated||6/12/2018||Tract||Kalamazoo City|
|Year Built||2008||Community||K06 - WMU/Kcollege/Arcadia|
|Lot||0.3520 acre(s)||Area||K06 - WMU/Kcollege/Arcadia|
|Zoning||RM-15 multi-fam||Lot Dimensions||irregular - approx 94 x 175|
|Basement||Full Basement, Walk Out, Yes|
|Construction||Other, Vinyl Siding|
|Exterior||Garages, Laundry Facility, Sep Electric Meter, Sep Gas Meter|
|Heat||Forced Air, Natural Gas|
Copyright 2019 MichRIC, LLC. All rights reserved.
Updated 9/17/19 5:35 AM PDT
Information Deemed Reliable But Not Guaranteed.
Listing provided by Berkshire Hathaway HomeServices MI, Joy A Watts