Description
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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IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 5th June, 2023 10:48 PM (UTC)
Listing Agent: Alison Glowinski
Listing Office: Mitten Real Estate
