MLS # 26023749 (Michigan Regional Information Center (MichRIC))

** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 12/31/2027 Excellent income-producing opportunity in Kalamazoo! 108 Hutchinson features three rental units with strong cash flow already in place. Unit 1 is a spacious 3-bedroom apartment currently rented for $1,130/month. Unit 2 is a 1-bedroom unit bringing in $600/month, while Unit 3 is a desirable 2-bedroom apartment located above the garage and currently rented for $850/month. With a total monthly rental income of $2,580, this property makes a fantastic addition to any investment portfolio. Newer roof; newer furnaces and water heaters. Landlord pays Water/sewer & trash. Conveniently located near downtown Kalamazoo, shopping, dining, and local amenities, this multi-unit property offers steady income potential and long-term upside for investors looking to expand their portfolio.
Source: SparkMLS
Currently offered at $199,900.
Property tax estimate: $4,088 per year ($341/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ahmed ''Ali'' Khalil
Real Broker, LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
108 Hutchinson Street, Kalamazoo, MI 49001
View full property history →
Municipality
Kalamazoo
View all listings →
We'll notify you when something hits the market in Kalamazoo or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.