Live for free while the rental income covers your mortgage! Cash flowing, 3 unit building in the popular Vine Neighborhood, just half a mile from the stunning new 400 Rose Apartment complex and across the street from Davis Field. This property is minutes from WMU and Kalamazoo College, as well as shopping, restaurants and the bus line making it ideal for students or anyone looking to enjoy a nice neighborhood with easy amenities. Gross annual rents come to $28,000. Laundry offers additional income, around $1000/year. All units have been fully renovated over the last 5 years totaling $67,500 in updates. Separate gas and electric meters make it easy for tenants to handle utilities. Incredible opportunity fora seasoned investor or someone just starting their portfolio. Full inspection report, pro forma and list of all work done available.
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Listing Agent: Alison Glowinski
Listing Office: Mitten Real Estate