32
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$199,900
Est. payment /mo
0.44 Acres Lot
Active
108 Hutchinson ST Kalamazoo City, MI 49001
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66026023749
Year Built 1941
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type MultiFamily
Property Description
Excellent income-producing opportunity in Kalamazoo! 108 Hutchinson features three rental units with strong cash flow already in place. Unit 1 is a spacious 3-bedroom apartment currently rented for $1,130/month. Unit 2 is a 1-bedroom unit bringing in $600/month, while Unit 3 is a desirable 2-bedroom apartment located above the garage and currently rented for $850/month. With a total monthly rental income of $2,580, this property makes a fantastic addition to any investment portfolio. Newer roof; newer furnaces and water heaters. Landlord pays Water/sewer & trash. Conveniently located near downtown Kalamazoo, shopping, dining, and local amenities, this multi-unit property offers steady income potential and long-term upside for investors looking to expand their portfolio.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Rooms
Basement Partial
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Building
Sewer Public Sewer, Sewer At Street, Storm Drain
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
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Listed by Ahmed ''Ali'' Khalil of Real Broker, LLC
NEARBY SCHOOL & BUSINESS
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