706 Locust Street
Kalamazoo, MI 49007

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Description

Fantastic investment opportunity in the Vine neighborhood. Own a multi unit property within walking distance of WMU, and everything downtown offers, including the Chenery Auditorium, Kalamazoo Institute of Arts, Civic Center, Library, bus routes, fine dining, entertainment and so much more. Home has three units with good rental history, and all three unites are currently occupied. Seller is offering $5,000 closing cost assistance.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49007
• Year Built: 1913
• School District: Kalamazoo
• Units: 3 units
• Basement: Full, Yes, Yes
• # of Parking Spaces: 5
• Lot Size: 5227 sq ft lot
• Construction Materials: Brick
• Cooling: Central Air
• Cross Street: Vine and Walnut
• Directions: From Intersection of Westnedge and Vine, head West on Vine St. Go North on Locust to home.
• Driveway: Concrete
• Extras: Sep Electric Meter, Sep Gas Meter, Sep Water Meter
• Financial Available: Yes
• Heat Source: Natural Gas
• Heat Type: Hot Water, Radiant
• Heating: Hot Water, Radiant
• Laundry Features: Common Area, Gas Dryer Hookup, Sink, Washer Hookup, In Basement, Laundry Room
• Lot Description: Level, Sidewalk
• Lot Features: Level, Sidewalk
• Lot Size Area: 0.12
• Lot Size Square Feet: 5227
• Lot Size Units: Acres
• MLS Area Major: Greater Kalamazoo - K
• MLS Area Minor: Greater Kalamazoo - K
• Main Type: Multi Family
• Number Of Buildings: 2
• Number Of Diff Unit Floor Plans: 4
• Ownership: Private Owned
• Parcel Number: 06-21-275-002
• Parking Features: Concrete
• Possession: Close Of Escrow
• Road Frontage: 44
• Road Surface Type: Paved
• Roof: Composition
• SEV: 136100
• Sewer: Public Sewer
• Street Type: Paved, Public
• Tax Annual Amount: 9410
• Tax Legal Description: 35368 RICES ADDITION S 11FT OF E 120FT OF LOT 25. N 1/2 OF E 120FT OF LOT 24.
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
• Terms Available: Cash, Conventional, FHA
• Total Approx Sq Ft All Bldgs: 2547
• Township: Kalamazoo City
• Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Storm Sewer, Phone Available
• Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
• Water Source: Public Water