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1324 Summit Avenue,  Kalamazoo MI, 49006

Sold Price:
$122,000
Date:06/29/2015
Status: Closed
MLS#: 15006140
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Last Updated: 12/10/2016 12:11 AM
Description for 1324 Summit Avenue Kalamazoo, MI 49006
Looking for a 16-18% ROI, this easy to own and operate property is for you! This low maintenance 4 unit rental is a wonderful investment property. Exterior is brick and low maintenance all around. Each unit rents for $660. Each unit has 2 bedrooms and one bath. The basement has storage units for tenants (currently not being used but available). Tenants pay electric and trash currently & owner pays water/sewer and gas. Easy to rent and maintain. See attached spreadsheet for breakdown on expenses and revenue for this property. Call L/A today for a showing.
Price
Sold Price:
$122,000
Sold Date:06/29/2015
Kalamazoo City
Kalamazoo
15006140
Closed
Listing Information
Theatre
Property Type: Multi-Family, Other
0.36 Acres 1959
Kalamazoo City
Separate Meters, Public Water Service
Public Sewer, Storm Sewer, Existing Well
Separate Meters, Separate Gas Meter, Cable TV, Electric, Natural Gas, Telephone, Propane
Neighborhood
School Information
District: Kalamazoo
Room Information
Interior Features
None
Gas Heat, Hot Water
Basement, Full
Exterior / Lot Features
10 Parking Spaces,
120 x 130
Public Roads, Acreage
Driving Directions
North on Douglas, West on Summit, rental unit on North side of street top of hill
Financial Considerations
39000616175098
$3,547
2014
Listing Price History

Kalamazoo Real Estate

Kalamazoo is located in Michigan. Kalamazoo, Michigan 49006 has a population of 74,494.

The median household income in Kalamazoo, Michigan 49006 is $31,189. The median household income for the surrounding county is $46,011 compared to the national median of $53,046. The median age of people living in Kalamazoo 49006 is 25.9 years.

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Courtesy: Berkshire Hathaway HomeServices Michigan Real Estate Emily Parfet
The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2016 Michigan Regional Information Center, LLC. All rights reserved.
Information is deemed reliable but is not guaranteed.

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