49
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$539,990
Est. payment /mo
8,712 Sqft Lot
Active
809 W Cedar Street Kalamazoo, MI 49007-6009
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70485338
Year Built 1865
Annual Tax Amount $5,612
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions IRR
Property Sub-Type Multi-Family
Property Description
30-year DSCR financing available! Excellent investment opportunity in the heart of Kalamazoo. This 7-unit, city-certified multi-family property includes two buildings on one parcel--a 3-unit and a 4-unit--currently generating $5,945/month in gross rent. With strong cash flow, functional layouts, and long-term tenant stability, this asset offers immediate returns and future upside. Utilities are gross leased, with costs annualized and charged back to tenants. Located near Western Michigan University, Kalamazoo College, downtown shops, Bronson Park, and more. Off-street parking included. A prime option for portfolio growth or optional owner-occupancy. Priced at $539,990.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Baseboard, Radiant
Cooling None
Building
Foundation Basement
Schools
School District Kalamazoo Public School District
Others
Energy Description Electric,Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty Rivertown