521 Pearl Street
Kalamazoo, MI 49007
- – beds
- – baths
- – sqft
- 10,890 sqft lot
- 1924 build
- – on site
Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings--8-unit, 6-unit, 4-unit, and 3-unit properties--this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to aa new one. MLS 24057862, 24057863, 24057861 and 24057860
Listing courtesy of REALCOMP / Keller Williams GR East
Last checked:
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Last updated Nov 18, 2024
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MLS# 65024058041 —
This property is listed in more than one place. See it here.
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:21
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:521 Pearl St - one block West Of Westnedge Avenue on Pearl Street. 922 S Park St - Park street south pass Burr Oak to property. 319 W Dutton St - one St. N. Of Vine Between Park And Rose. 731 Village St - Westnedge Avenue go South to Village Street and then West to home.
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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:$24,636
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Tax Amount Summer:$24,636
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
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
Keller Williams GR East
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).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/6/24
Nov 6, 2024
|
Listed / Active | REALCOMP | $1,470,000 | 234.1% (101.0% / YR) |
7/14/22
Jul 14, 2022
|
REALCOMP | $440,000 | ||
5/9/22
May 9, 2022
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REALCOMP | $440,000 |