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708 Mills Street

Kalamazoo, MI 49001
  • $588,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 65024014226
UPDATED: 116 min ago
$588,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1903
County:
Area:
Zoning:
Light Industrial
Lot Size Dimensions:
150 X 135 X175

School Ratings & Info

School District:

Description

Rare opportunity to own an income-producing 7 unit apartment building in Downtown Kalamazoo. With limited multifamily product in downtown Kalamazoo and the proximity to Kalamazoo's proposed $300M+ events center, this Airbnb has tons of upside to convert to long-term leases and implement a utility bill back/RUBS program to recapture some of the utility expense or continue operating as a fully furnished Airbnb. Having gone through extensive renovations this property has a new roof, newer windows, exterior renovations and updated apartments. Don't miss out on this turnkey investment with a proven track record and tons of potential. Property is sold fully-furnished with all Airbnb furniture.

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IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-29T12:00:59.293.
www.real5.com/homes/148890516
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708 Mills Street Kalamazoo, MI 49001

  • Price: $588,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 116 min ago
  • MLS #: 65024014226
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1903
Built
Neighborhood:
Kalamazoo
County:
Kalamazoo
Area:
Kalamazoo
School District:
Kalamazoo
Property Description
Rare opportunity to own an income-producing 7 unit apartment building in Downtown Kalamazoo. With limited multifamily product in downtown Kalamazoo and the proximity to Kalamazoo's proposed $300M+ events center, this Airbnb has tons of upside to convert to long-term leases and implement a utility bill back/RUBS program to recapture some of the utility expense or continue operating as a fully furnished Airbnb. Having gone through extensive renovations this property has a new roof, newer windows, exterior renovations and updated apartments. Don't miss out on this turnkey investment with a proven track record and tons of potential. Property is sold fully-furnished with all Airbnb furniture.
Exterior Features

Construction Materials Brick Lot Size Dimensions 150 X 135 X175 Multifamily Parking Paved Parking Total 12 Road Frontage Feet 150 Road Frontage Type Pub. Sidewalk Waterfront YN No

Interior Features

Basement YN Yes Cooling Window Unit(s) Heating Wall/Floor Furnace Heating Fuel Natural Gas Room Count 0 Unit One Bed Number Of 6 Unit Two Bed Number Of 1

Property Features

Down Payment Resource YN No Land Contract YN No Listing Financing CashConventional Postal City Kalamazoo Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale Unknown Tax Amount Summer 3285.0200 Total Tax 3285.0200 Transaction Type Sale Unparsed Address 708 Mills Street Water Source Public (Municipal) Zoning Light Industrial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via MOXIE Real Estate + Development: (616) 890-7794 and Greater Regional AOR MLS, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-29T12:00:59.293.
 
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