$415,000 For Sale

613-615 Davis Street
Kalamazoo, MI 49007

6 units | Multi Family Home
9583 sq ft lot - MLS# 26003014
Property Photo
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Description

Excellent 6-unit investment opportunity in a prime, highly desirable location overlooking Davis Street Field and the iconic Heritage Hall. This unique property features two buildings on one parcel, including a four-unit building and a duplex, offering a strong and versatile unit mix with two 1-bedroom units, two studios, one 2-bedroom unit, and one spacious 4-bedroom unit. Many of the apartments have been thoughtfully updated with fresh paint, new flooring, updated kitchens, stainless steel appliances, and granite countertops, providing modern appeal for today's tenants. Recent capital improvements include a fresh exterior paint job, a new furnace in 613 Unit C, and a new water heater for 613. One studio apartment presents an excellent value-add opportunity for future updates to further increase cash flow, making this property a compelling option for both seasoned and new investors alike.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family
  • Listing Status: Active
  • County/Area: Kalamazoo County
  • Zip Code: 49007
  • Year Built: 1895
  • School District: Kalamazoo
  • Units: 6 units
  • Basement: Michigan Basement, Yes, Yes
  • # of Parking Spaces: 12
  • Lot Size: 9583 sq ft lot
  • Construction Materials: Wood Siding, Other
  • Cooling: Central Air
  • Cross Street: Walnut / Walwood
  • Driveway: Paved
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Laundry Features: Common Area, In Unit
  • Lot Description: Sidewalk
  • Lot Features: Sidewalk
  • Lot Size Area: 0.22
  • Lot Size Square Feet: 9583
  • 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
  • Owner Pays: Electricity, Sewer, Trash Collection, Water
  • Parcel Number: 06-21-224-025
  • Parking Features: Paved
  • Possession: Close Of Escrow
  • Road Frontage: 59
  • Road Surface Type: Paved
  • SEV: 132300
  • Sewer: Public Sewer
  • Street Type: Paved
  • Tax Annual Amount: 2937
  • Tax Legal Description: 12334 ASSESSORS A PLAT LOT 25 EXC E 33 FT
  • Tax Year: 2025
  • Tenant Pays: Electricity, Gas
  • Terms Available: Cash, Conventional
  • Township: Kalamazoo City
  • Util Availat Street: Electricity Available, Natural Gas Available, Public Sewer, Public Water
  • Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
  • Water Source: Public Water
  • Zoning Description: Commercial
Courtesy of Jeffrey Glover, Keller Williams Professionals
Source: Michigan Regional Information Center (MichRIC)
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