Last Updated: 1/20/2017 10:15 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.
Separate Meters, Public Water Service
Public Sewer, Storm Sewer, Existing Well
Separate Meters, Separate Gas Meter, Cable TV, Electric, Natural Gas, Telephone, Propane
Gas Heat, Hot Water
Exterior / Lot Features
10 Parking Spaces,
120 x 130
Public Roads, Acreage
North on Douglas, West on Summit, rental unit on North side of street top of hill
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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