3227 St Joseph Street new Save Request In-Person Tour Request Virtual Tour
Kalamazoo,MI 49001
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25019257
Year Built 1972
Annual Tax Amount $6,199
Tax Year 2024
Lot Size 0.600 Acres
Property Sub-Type 5+ Units
Property Description
Excellent Investment Opportunity! This 8-unit multi-family property in Kalamazoo offers incredible long-term value with long-standing tenants, some of whom have been in place for decades. The building is well-maintained and thoughtfully updated, including a new hot water tank and boiler (2021), new carpet in the hallway, and a new exterior door. Several unit updates add further appeal: new refrigerators in Units 5 & 7 and new ranges in Units 4 & 8. Each unit includes its own private storage closet, and rents remain very affordable for tenants, helping ensure consistent occupancy. Conveniently located near bus lines, shopping, and schools—this property is ideal for both seasoned investors and those just starting to build their portfolio.
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Interior
Heating Baseboard,Hot Water
Cooling Window Unit(s)
Fireplaces Number 2
Laundry Common Area
Exterior
Parking Features Asphalt,Driveway
Utilities Available Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer
Structure Type Concrete,Vinyl Siding
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional