130 S Clarendon Street
Kalamazoo, MI 49006

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Description

Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units, new boiler and much more. There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates. Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49006
• Year Built: 1982
• School District: Kalamazoo
• Units: 8 units
• Basement: Slab
• # of Parking Spaces: 12
• Lot Size: 0.6 acres
• Basement Type: No
• Construction Materials: Aluminum Siding, Brick
• Cooling: Wall Unit(s)
• Cross Street: Academy St & West Main
• Directions: West on W Main. South on Clarendon. Property on West side of road.
• Driveway: Paved
• Extras: Laundry Facility
• Heat Source: Natural Gas
• Heat Type: Hot Water
• Heating: Hot Water
• Laundry Features: Common Area
• Lot Description: Level
• Lot Features: Level
• Lot Size Area: 0.6
• Lot Size Square Feet: 13068
• Lot Size Units: Square Feet
• 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: 8
• Owner Pays: Gas, Sewer, Trash Collection, Water
• Parcel Number: 06-17-436-412
• Parking Features: Paved
• Possession: Close Of Escrow
• Road Frontage: 198
• Road Surface Type: Paved
• Roof: Composition
• SEV: 117700
• Sewer: Public Sewer
• Spec Assessment Ty: NK
• Street Type: Paved, Public
• Tax Annual Amount: 8839.81
• Tax Legal Description: 3781620 3906 17 436 412 PROSPECT PARK LOTS 169, 170 & 171
• Tax Year: 2025
• Tenant Pays: Electricity
• Terms Available: Cash, Conventional
• Township: Kalamazoo Twp
• Util Availat Street: Electricity Available, Natural Gas Available, Public Sewer, Public Water
• Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Electricity Available, Natural Gas Available
• Water Access: No
• Water Source: Public Water
• Zoning Description: RM1