3227 St. Joseph, Kalamazoo City, MI 49001

Property Description

Excellent Investment Opportunity! This 8-unit multi-family property in Kalamazoo offers incredible long-term value with long-standing tenants, some of whom have been in place for decades. The building is well-maintained and thoughtfully updated, including a new hot water tank and boiler (2021), new carpet in the hallway, and a new exterior door. Several unit updates add further appeal: new refrigerators in Units 5 & 7 and new ranges in Units 4 & 8. Each unit includes its own private storage closet, and rents remain very affordable for tenants, helping ensure consistent occupancy. Conveniently located near bus lines, shopping, and schools--this property is ideal for both seasoned investors and those just starting to build their portfolio.

Listing Status:

Active

Listing Office:

Jaqua, REALTORS : 2693414300

Listing Agent:

Mark E Peterson : 2699939367

MLS ID:

66025054631

Interior

• General: Storage
• Laundry: Common area
• Basement: Full
• A/C: Window units
• Heating: BaseboardElectricHot waterRadiant

Exterior

• Parking: AsphaltGarageParking spaces: 12

Construction

• Roofing: Composition
• General: ConcreteVinyl siding

Location

• Originating MLS: Greater Kalamazoo Association of REALTORS
• School District: Kalamazoo
• County: Kalamazoo

Lot

• Zoning: G40-19-5 HOWARD PLATLIBER 5 OF PLATS PAGE 27; LOT 8 IN BLOCK B & LOT 9 IN BLOCK B.0634234009

Utilities

• Utilities: Electricity connectedNatural gas connectedSewer connected
• Water: Public
• Sewer: Public sewerSewer at street

Financial

• Source: Greater Kalamazoo Association of REALTORS

This listing courtesy of Mark E Peterson, Jaqua, REALTORS