1119 Lake Street Kalamazoo, MI ^$ 150,000

1119 Lake Street

^$ 150,000

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1119 Lake Street

Kalamazoo, MI, 49001

^$ 150,000

Studio Baths0.0 Sq 1,580

Monthly Estimate*

^$ 1,048

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $150,000. This 1,580 square foot home was built in 1900 on a lot size of 0.16.

This two unit apartment building is a great investment with full occupancy. The main level is large with two bedrooms and two full bathrooms and rent is $879 per month and is leased through 5-31-24 to a long-standing tenant. The upstairs unit has two bedrooms and one full bathroom and rent is $780 per month and leased on a month to month basis. Both tenants would sign a longer term lease if requested. Replacement windows and wood floors. Owner pays for water and tenants pay for gas and electric.

Multi-Family Pending

Price

^$ 150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,978

Style

Lot Size

0.16

Year Built

1900

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70398979

Features

General

Heating Forced Air

Water Public Water

Status Pending Pending

Year Built 1900

County Kalamazoo

Class MULTIFAMILY

Type Multi-Family

Municipality Kalamazoo

Subdivision MI

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions Portage Street south to Lake Street east to property.

City Kalamazoo

School District Kalamazoo Public School District

Street Name Lake

Financial Terms Cash Conventional

Legal Description Revised Plat of James A Taylors Additional Liber 6 of Plats Page 31 Lot 23

DOM 2

Postal Code 49001

Price Per Sq Ft 94.94

Coming Soon This two unit apartment building is a great investment with full occupancy. The main level is large with two bedrooms and two full bathrooms and rent is $879 per month and is leased through 5-31-24 to

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Aluminum

Frontage 52

Lot Size Area 0.16

Lot Dimensions 52.8 x 132

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Diane Bornhorst

Listing Agent

Berkshire Hathaway Homeservices Mi

Broker

dianebornhorst@gmail.com

Affordability Calculator

$1,213

Per Month

Monthly Principal & Interest: $1,048
Monthly Property Taxes: $165
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$393,392

Percent of Sale Price 162%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2662308 Elementary School

2662311 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$150,000		Listed Price

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1119 Lake Street, Kalamazoo, MI, 49001 is a Multi-Family Home for sale at $150,000 with 1,580 sqft and a lot size of 0.16. 1119 Lake Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49001 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1119 Lake Street

Multi-Family Home for sale in Kalamazoo, MI

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