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
Last checked:
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Last updated Dec 23, 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, WoodSiding
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Roof:Composition
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Basement:Full
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Basement:true
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Building Area Total:10981.0
Interior
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Laundry Features:CommonArea
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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Cross Street:Lovell & Walnut
The Property
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Parcel Number:0621238339
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.25
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Lot Size Area:10890.0
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Lot Size Dimensions:66 x 165
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Lot Size Units:SquareFeet
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Zoning Description:Other
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Road Frontage Feet:66
Listing Agent
- Contact info:
- Agent phone:
- (616) 893-6478
- Office phone:
- (616) 575-1800
Taxes
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Tax Legal Description:Legal for each property listed on MLS 24057862, 24057863, 24057861 and 24057860
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Tax Assessed Value:421310
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Tax Annual Amount:24636.0
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
Utilities
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Utilities:SewerConnected
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Sewer:PublicSewer, SewerAtStreet, StormDrain
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Water Source:Public, WateratStreet
Schools
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High School District:Kalamazoo
The Community
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Waterfront:false
Parking
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Parking Total:12.0
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Parking Features:Unpaved
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).
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | $1,470,000 | 234.1% (98.5% / YR) |
|
7/14/22
Jul 14, 2022
|
REALCOMP | $440,000 |
