This 5-bedroom, 3-bathroom residential multi family at 731 Village Street in Kalamazoo, MI is listed for $189,900. Built in 1890, on a 0.25 acres lot.
Key Features
Built in 1890
0.25 acre lot
5 parking spaces
Property Details
3 full
5 spaces
1890
Listing Description
This well-maintained 3-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $2956. Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.
Monthly Cost Estimate
$1,016/mo
20% down · 6.5% · 30 years
Principal$137
Interest$823
Insurance$55
Estimates only. Actual payments may vary.
Location
731 Village Street
Kalamazoo, MI 49008
Property Details
Construction
Shingle Siding
Parking
Paved or Surfaced
Heating
Forced Air
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 731 Village Street is listed at $189,900. The estimated monthly payment is $1,015 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1890, 0.25 acre lot, 5 parking spaces.
