Exceptional investment opportunity - 4-unit all-brick apartment building on a spacious 2-acre lot in central location near Austin Lake, Long Lake, recreational trails & parks, and close to Kalamazoo & Portage. Units 1-3 have been completely remodeled w/ new paint, carpet, blinds, kitchen appliances, backsplash, bathroom vanities, shower heads, lighting & new CO/smoke detectors. Each unit has separate electric meter (tenants pay electric only). Property features a 2020 roof, new asphalt parking lot, refreshed landscaping, an $11,000 septic upgrade & a pole barn w/ storage rooms. Additional income/utility options include 3 garage stalls (landlord use or optional tenant use) & two sets of landlord-provided washer/dryers for tenant use. Landlord pays property taxes, pole barn electric, well pump, common hallway electric, insurance, trash, & snow plowing. The expansive 2-acre parcel offers significant upside -room to expand or build additional rental units (buyer to verify zoning/planning).
| MLS # | 70527905 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 158 |
| Listing Provided By | Coldwell Banker Anchor R.E. | Anissa DeSanctis |
| Units | 4 |
|---|---|
| Acreage | 2.00 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Baseboard |
| Construction Materials | Aluminum Siding, Brick |
|---|---|
| Foundation Details | Slab |
| Lot Features | Wooded |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| List Aor | Southwestern Michigan Association of REALTORS |
|---|
| Property | 6948 |
|---|
| State | MI |
|---|---|
| County | Kalamazoo |
| City | Vicksburg |
| Zip Code | 49097 |
| Area | Pavilion Twp (39009) |
| Listing VS Median (in 49097) | |
Price: $500,000 low | high Med: $319,900 On site: 158 low | high Med: 56 | |
| State | MI |
|---|---|
| County | Kalamazoo |
| City | Vicksburg |
| Zip Code | 49097 |
| Area | Pavilion Twp (39009) |
| Listing VS Median (in 49097) | |
Price: $500,000 low | high Med: $319,900 On site: 158 low | high Med: 56 | |