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Listing provided courtesy of Five Star Real Estate- MLS# 26013778MLS Provider

731 Village StreetKalamazoo, MI 49008

Multi-Family · 0.25 Acres
$205,000 Active

731 Village Street Overview

Time on Site:
84 days
Visits:
0

This well-maintained 3-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $2956. Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.

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731 Village Street Facts & Features

  • Type Multi-Family
  • Lot 0.25 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1890

Location/Region

  • County Or Parish: Kalamazoo

Rent/Lease Information

  • Tenant Pays: None

Tax Information

  • Tax Annual Amount: 5508.07

General Information

  • Parcel Number: 39-06-21-290-023
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: In Basement

Exterior

Parking Information

  • Parking Features: Unpaved

Lot Information

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 65 x 165
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Shingle Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected,Storm Sewer

731 Village Street Neighborhood

Community

49008 (Kalamazoo) Demographics

33
Median Age
2,440
Population Density (per sq. mile)
63%
College Educated
$56,204
Estimated Median Income
4,014
Estimated Total Home Owners
2,544
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

731 Village Street Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

731 Village Street Market Data

Based on the last 30 days in this zip code

$304,698
Average List Price
$173
Average Price per Square Foot
16
Properties Sold
44
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network