3227 St. Joseph
Kalamazoo, MI 49001

Tools & Resources:

Description

Excellent Investment Opportunity! This 8-unit multi-family property in Kalamazoo offers incredible long-term value with long-standing tenants, some of whom have been in place for decades. The building is well-maintained and thoughtfully updated, including a new hot water tank and boiler (2021), new carpet in the hallway, and a new exterior door. Several unit updates add further appeal: new refrigerators in Units 5 & 7 and new ranges in Units 4 & 8. Each unit includes its own private storage closet, and rents remain very affordable for tenants, helping ensure consistent occupancy. Conveniently located near bus lines, shopping, and schools—this property is ideal for both seasoned investors and those just starting to build their portfolio.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49001
• Year Built: 1972
• School District: Kalamazoo
• Units: 8 units
• Basement: Full
• # of Parking Spaces: 12
• Lot Size: 0.6 acres
• Basement Type: No
• Construction Materials: Concrete, Vinyl Siding
• Cooling: Window Unit(s)
• Cross Street: East Cork Street
• Directions: From downtown Kalamazoo, head southeast on Portage Street, then turn left onto E Cork Street. Continue straight and turn right onto Saint Joseph Street—3227 Saint Joseph will be on your right, just past the intersection with Miller Road
• Driveway: Asphalt
• Extras: Garages, Tenant Storage
• Heat Source: Electric
• Heat Type: Baseboard, Hot Water, Radiant
• Heating: Baseboard, Hot Water, Radiant
• Laundry Features: Common Area
• Lot Description: Level
• Lot Features: Level
• Lot Size Area: 0.6
• Lot Size Square Feet: 26136
• Lot Size Units: Acres
• MLS Area Major: Greater Kalamazoo - K
• MLS Area Minor: Greater Kalamazoo - K
• Main Type: Multi Family
• Number Of Buildings: 2
• Owner Pays: Gas, Sewer, Trash Collection, Water
• Ownership: Private Owned
• Parcel Number: 06-34-234-009
• Parking Features: Asphalt
• Possession: Close Of Escrow
• Road Frontage: 132
• Roof: Composition
• SEV: 141600
• Sewer: Public Sewer
• Street Type: Public
• Tax Annual Amount: 6199.68
• Tax Legal Description: G40-19-5 HOWARD PLAT, LIBER 5 OF PLATS PAGE 27; LOT 8 IN BLOCK B & LOT 9 IN BLOCK B.
• Tax Year: 2024
• Tenant Pays: Electricity
• Terms Available: Cash, Conventional
• Township: Kalamazoo City
• Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Public Sewer, Public Water
• Utilities: Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available
• Water Source: Public
• Zoning Description: CC