521 Pearl Street, Kalamazoo, MI 49007

$475,000

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List Price
$475,000
Days on Market
158
MLS#
26013773
Status
ACTIVE
Type
Multifamily

Property Description

This well-maintained 8-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $6,350. Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.

Additional Information

Owner Pays
Electricity, Gas, Sewer, Trash Collection, Water
Taxes
$9,399
Acres
0.25
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Kalamazoo
Sewer
Public Sewer
Tenant Pays
None
Total Parking Spaces
12
Utilities
Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
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: Adam Atwood from Listing Office: Five Star Real Estate.

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