922 S Park Street
Kalamazoo, MI 49001

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Description

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.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49001
• Year Built: 1905
• School District: Kalamazoo
• Units: 6 units
• Basement: Michigan Basement, Yes, Yes
• # of Parking Spaces: 7
• Lot Size: 10019 sq ft lot
• Construction Materials: Wood Siding
• Cross Street: Ranney St and Park Place
• Driveway: Shared Unpaved, Gravel
• Financial Available: No
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Laundry Features: In Basement
• Lot Description: Flag Lot
• Lot Features: Flag Lot
• Lot Size Area: 0.23
• Lot Size Square Feet: 10019
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 6
• Owner Pays: Gas, Sewer, Trash Collection, Water
• Parcel Number: 39-06-22-166-012
• Parking Features: Gravel
• Possession: Close Of Escrow
• Road Frontage: 73
• Road Surface Type: Paved
• Roof: Composition
• SEV: 115200
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDEzNzc2IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTA2VDIwOjUzOjEzLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.wq4_ZDb9hYhDdWYx2OML__sUO0V_wpbrViKSNoEteIw/badge
• Spec Assessment Ty: none known
• Street Type: Paved, Public
• Tax Annual Amount: 7964.82
• Tax 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, 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
• Tax Year: 2025
• Tenant Pays: Electricity
• Terms Available: Cash, Conventional
• Township: Kalamazoo City
• Util Availat Street: Electricity Available, Natural Gas Available, Public Sewer, Public Water, Storm Sewer
• Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Storm Sewer
• Water Access: No
• Water Source: Public Water
• Zoning Description: R