1107 Euclid Avenue
Kalamazoo, MI 49006

Description

Welcome to 1107 Euclid! Turn key ready. Fully rented through Aug 2020. Tenants pay ALL utilities. This 4-unit rental is near Western Michigan University, home to 20,000 students. Modernized in 2006- a 2,400 sq ft addition was added as well as ceramic tile, hardwood floors designed for durability and high traffic use, washer/dryer, central air, and ceiling fans throughout. Property is in a great location, walking distance to WMU and on bus line. Plenty of parking (9 spots). Gross rent is $4,340 monthly. Cap rate estimated at 5.5. Units separately metered. Tenants pay all utilities. One unit has 2 bed/1 bath. One unit has 1 bed/1 bath and washer dryer. Two units have three beds/1 bath and washer dryer. Find out how to set it and forget it and get this great investment working for you.

Details

MLS#19004475
Sub-TypeResale
StatusActive
Year1927
Days On Site78

Features

SQ Feet3,156
Units4
Building(s)1

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Area Information

StateMI
CountyKalamazoo
CityKalamazoo
Zip Code49006
AreaGreater Kalamazoo - K
Listing VS Median (in 49006)
Price:
$599,900
low | high
Med:
$266,200
100% of Average
SqFt:
3,156
low | high
Med:
1,704
96.007604562738% of Average
$ / SqFt:
$190
low | high
Med:
$156
67.814236645075% of Average
On Site:
78
low | high
Med:
70
100% of Average
Listing Updated: 04/24/2019
MLS Number: 19004475
Listing Provided By:
Vincent Villegas  of  Villegas Group
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.