232 Woodward Avenue, Kalamazoo, MI 49007

$475,000

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List Price
$475,000
Price Change
▼ $20,000 1775804288
Days on Market
207
MLS#
26005619
Status
ACTIVE
Type
Multifamily

Property Description

Exceptional investment opportunity in the heart of Kalamazoo! This historic multi-unit property offers five rental units brimming with character and income potential. The main floor features two one-bedroom apartments, while the second level provides another one-bedroom unit along with a charming studio. The third story showcases a spacious two-bedroom apartment, full of light and personality. Inside, you'll find a blend of updates across the units, with some apartments featuring refreshed kitchens and bathrooms, and hardwood floors. Throughout the property, historic details remain intact, from the original trim to the ornately crafted staircase railing, capturing the architectural beauty of the era. The property includes ample off-street parking and retains its original carriage house, adding to its historic appeal. Just blocks from local college campuses and the vibrant downtown scene, this location is perfect for attracting long-term tenants who value both convenience and charm. Whether you're expanding your portfolio or just beginning, 232 Woodward is a rare chance to own a Kalamazoo classic with strong rental potential.

Additional Information

Owner Pays
Gas, Sewer, Water
Taxes
$12,131
Acres
0.32
Basement
Full
Heating
Hot Water
Roofing
Composition
School District
Kalamazoo
Sewer
Public Sewer
Tenant Pays
Electricity, Trash Collection
Total Parking Spaces
8
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kerry L Keefer Fischer from Listing Office: Five Star Real Estate.

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