Waterfront
Address
241 Parcom Street Kalamazoo, MI
Price
$ 725,000
Property Attributes
  • MLS#21105944
  • TypeMulti-Family
  • CountyKALAMAZOO
  • CityKalamazoo
  • AreaComstock Twp
  • NeighborhoodComstock Twp
  • Zip49048
  • Style5+ Units
  • Taxes$ 7920
  • Price$ 725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.61 Acres
Listing Provided Courtesy Of:
Faith Ferris at Miller Real Estate - (269) 945-5182
Data Source:
Michigan Regional Information Center (MICHRIC) - 15 - MI
Property Description

11 unit apartments for sale on the Kalamazoo River! 3 duplexes (one unit has been converted into an office and can easily be converted back) one quadplex, and one house (address: 234 Brookeview St. driveway exists around the corner) sit on a parklike 3.61+/- acres. Also included is a 40x54 pole barn with 14' sidewalls and electric. The 10 occupied units (minus office unit) bring in a gross rent of almost $90,000 a year. The house on the other side of the creek and the white duplex with office are on separate meters, and pay their own utilities. All other units are metered together, and are included in rent. House has a well, all others are city water and sewer. The owner carries flood insurance on the quadplex. I-94 is around the corner, 3 miles to Gull Road, and 4 miles to Mich Ave

Price History
9/15/2021 Listed $760,000
10/28/2021 5% - $725,000

General Features

Access Feat: Accessibility Features No
Basement Yes
Extras Laundry Facility
Heating Forced Air
Homestead % 0.00
Municipality Comstock Twp
New Construction No
Road Frontage 260.00
School District Comstock
Sewer Public
Sub-area K13 - Comstock & Charleston
Terms Available Cash, Conventional
Water Public
Water Type River
Zoning 201-commercial

Interior Features

Heat Source Natural Gas

Exterior Features

Body of Water Kalamazoo River
Driveway Gravel
Exterior Other
Substructure Other
Total # Bldgs 5.00
Water Access Y/N Yes
Water Features Private Frontage
Water Frontage 500.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49048

Price
AVG $490K
$730K
Taxes
AVG $4,817
$7,920
Visits
AVG 25
29

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover