515 Locust Street
Kalamazoo, MI 49007

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Description

5 unit Investment opportunity in the Vine Neighborhood, downtown Kalamazoo. Large lot with plenty of off-street parking. Close to WMU, Kalamazoo College and central business district. Three one-bedroom apartments and two studio apartments. Newer roof. Five furnaces and one water heater were recently installed and gas meters split.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49007
• Year Built: 1860
• School District: Kalamazoo
• Units: 5 units
• Basement: Yes, Yes
• # of Parking Spaces: 5
• Lot Size: 8712 sq ft lot
• Construction Materials: Wood Siding
• Cross Street: Cedar and Vine
• Driveway: Gravel
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Lot Description: Level
• Lot Features: Level
• Lot Size Area: 0.2
• Lot Size Square Feet: 8712
• Lot Size Units: Acres
• MLS Area Major: Greater Kalamazoo - K
• MLS Area Minor: Greater Kalamazoo - K
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 5
• Owner Pays: Electricity, Sewer, Trash Collection, Water
• Parcel Number: 06-21-236-409
• Parking Features: Gravel
• Possession: Close Of Escrow
• Road Frontage: 66
• Road Surface Type: Paved
• Roof: Composition
• SEV: 94400
• Sewer: Public Sewer
• Street Type: Paved
• Tax Annual Amount: 5878.84
• Tax Legal Description: 50308 WELCHS ADDITION LOT 409.
• Tax Year: 2025
• Tenant Pays: Gas
• Terms Available: Cash, Conventional, VA Loan
• Total Approx Sq Ft All Bldgs: 2542
• Township: Kalamazoo City
• Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water
• Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
• Water Access: No
• Water Source: Public Water
• Zoning Description: RM-15