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About This Home

This 19-bedroom, 0-bathroom residential multi family at 447 W Walnut Street in Kalamazoo, MI is listed for $1,200,000. Built in 1905, on a 0.31 acres lot.

Agent Description

Unique opportunity to own an historical gem in the heart of Kalamazoo's Vine Neighborhood. This 15 unit 3 story brick apartment building has had significant capital improvements over the years while maintaining it's 1907 character. 9 of the 15 units have had kitchen and bathroom remodels.

Hardwood floors and built ins are featured in many units. Building features (9) 1 bedroom units, (5) 2 bedroom units, and a 4 bedroom unit. New electrical panel upgrades for all 15 units, back up electric heating systems in 4 units and 2 commercial water heaters, Rents have increased year over year. Historically fully occupied. Certification through 7/31/27. Seller is a licensed Realtor in the State of MI.

Key Features

  • Built in 1905
  • 0.31 acre lot
  • 3 parking spaces

Property Details

12 full
3 spaces
1905

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

447 W Walnut Street

Kalamazoo, MI 49007

Property Details

Construction

Brick

Parking

Driveway

Heating

Hot Water(Heating)

Questions & Answers

This 19-bedroom, 0-bathroom residential multi family at 447 W Walnut Street is listed at $1,200,000. The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1905, 0.31 acre lot, 3 parking spaces.

This property is listed by Joseph Lukeman and can be reached at 2695986567 or jlukeman@lukemangroup.com.

JL

Joseph Lukeman

Agent at Lukeman Group LLC

(269) 598-6567

Listed by Lukeman Group LLC · View on Broker Site

MLS# 26009891· Source: listhub· Updated 26 days ago

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447 W Walnut Street, Kalamazoo, MI 49007

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