521 Pearl Street
Kalamazoo, MI 49007
- – beds
- – baths
- – sqft
- 10,890 sqft lot
- 1924 build
- – on site
Presenting a beautifully maintained 8-unit brick building in the heart of Kalamazoo's vibrant Vine neighborhood! This fully occupied property combines historic charm with modern updates, making it an exceptional investment opportunity with solid rental history. Recent improvements include a newer roof and exterior paint and many of the mechanicals. Tenants benefit from coin laundry on-site and ample parking with 12 spaces an absolute rarity in the area. Generating a consistent income of $6,594 monthly, this city-certified property is truly turnkey. Don't miss your chance to own a cornerstone of the Vine neighborhood, where classic architecture meets modern convenience. Available individually or as a 21-unit portfolio. Additional photos/floorplans to be added 11/7.
Last checked:
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Checking…
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Last updated Nov 5, 2024
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MLS# 65024057862 —
The Building
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Year Built:1924
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Construction Materials:Brick, Wood
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Roof Material:Composition
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# of Units Total:8
Interior
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Features:Laundry Facility
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Basement:Yes
Financial & Terms
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Land Contract:No
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Short Sale:Unknown
Location
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Directions:This property is located one block West Of Westnedge Avenue on Pearl Street.
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Directions From North South Detail:Lovell & Walnut
The Property
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Property Type:Multifamily
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Parcel Number:0621238339
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Zoning:Other
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Lot Size Dimensions:66 x 165
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Lot Size Area:0.25
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Frontage Feet:66
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (616) 893-6478
- Office phone:
- (616) 575-1800
Taxes
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Total Taxes:$8,706
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Tax Amount Summer:$8,706
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
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Water Source:Public (Municipal), Water at Street
Appliances
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Laundry Facilities:Yes
Schools
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School District:Kalamazoo
Parking
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Total Parking:12
Extra Units
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Unit Count:12
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Unit One Bed Number Of:6
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/4/24
Nov 4, 2024
|
Listed / Active | REALCOMP | $550,000 | 25.0% (10.8% / YR) |
|
7/14/22
Jul 14, 2022
|
REALCOMP | $440,000 | ||
|
5/9/22
May 9, 2022
|
REALCOMP | $440,000 |
