$177,000
$219,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
1328 VW E Avenue Vicksburg, MI 49097
1.08 Acres Lot
Key Details
Sold Price $177,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Schoolcraft Twp
MLS Listing ID 22048764
Sold Date 01/27/23
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1978
Annual Tax Amount $3,447
Tax Year 2022
Lot Size 1.080 Acres
Acres 1.08
Lot Dimensions 180x263
Property Description
Excellent opportunity for immediate cash flow with this well maintained 3 unit building that has an extensive rental history. Prime location only 10 minutes to Vicksburg and Schoolcraft, 15 minutes to Portage, and 15 minutes to Three Rivers. All 3 units are identical floor plans at 880 sqft 2 bedroom, 1 bath, kitchen and living area. Major updates inlcude new roof in 2020, newer water heaters in 2 units, and newer appliances in 2 units. Gross rent is $20,420/Year, and Net income is approximately $13,747/Year. Financial statement attached and lease agreements will be provided upon request. 2 lease agreements through May of 2023, and 1 lease agreement through November of 2023.
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Direction US-131 to VW Ave E (Lyons St). Building is on the East side of the shared drive and faces the road.
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Fireplaces Number 1
Exterior
Parking Features Driveway, Gravel
View Y/N No
Roof Type Composition
Topography {Level=true}
Street Surface Paved
Total Parking Spaces 6
Building
Sewer Septic System
Structure Type Wood Siding, Brick
New Construction No
Schools
School District Vicksburg
Others
Tax ID 14-15-430-040
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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