MLS # 26013776 (Michigan Regional Information Center (MichRIC))

This well-maintained 6-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $5,350. Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.
Source: SparkMLS
Listed at $375,000.
Annual property taxes run approximately $7,965 ($664/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
Legal Description
PART OF THE NORTHWEST OF SECTION 22, TOWN 02 SOUTH, RANGE 11 WEST DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST 1/4 CORNER OF SECTION 22, TOWN 02 SOUTH, RANGE 11 WEST, THENCE SOUTH 88 DEGREES 56 MINUTES 55 SECONDS EAST 598.36 FEET ALONG THE EAST AND W EST 1/4 LINE OF SECTION 22 TO THE WEST LINE OF SOUTH PARK STREET; THENCE NORTH 01 DEGREES 07 MINUTES 49 SECONDS EAST 367.70 FEET ALONG THE WEST LINE
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Adam Atwood
Five Star Real Estate
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
922 S Park Street, Kalamazoo, MI 49001
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Municipality
Kalamazoo
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