708 Mills Street Kalamazoo, MI ^$ 585,000

708 Mills Street

^$ 585,000

Back to search

708 Mills Street

Kalamazoo, MI, 49001

^$ 585,000

Studio Baths0.0

Monthly Estimate*

^$ 3,888

708 Mills Street, Kalamazoo, MI 49001 - Image 1

708 Mills Street, Kalamazoo, MI 49001 - Image 2

708 Mills Street, Kalamazoo, MI 49001 - Image 3

708 Mills Street, Kalamazoo, MI 49001 - Image 4

708 Mills Street, Kalamazoo, MI 49001 - Image 5

708 Mills Street, Kalamazoo, MI 49001 - Image 6

708 Mills Street, Kalamazoo, MI 49001 - Image 7

708 Mills Street, Kalamazoo, MI 49001 - Image 8

708 Mills Street, Kalamazoo, MI 49001 - Image 9

708 Mills Street, Kalamazoo, MI 49001 - Image 10

708 Mills Street, Kalamazoo, MI 49001 - Image 11

708 Mills Street, Kalamazoo, MI 49001 - Image 12

708 Mills Street, Kalamazoo, MI 49001 - Image 13

708 Mills Street, Kalamazoo, MI 49001 - Image 14

708 Mills Street, Kalamazoo, MI 49001 - Image 15

708 Mills Street, Kalamazoo, MI 49001 - Image 16

Studio

Multi-Family Home for sale in Kalamazoo, MI

for $585,000. This home was built in 1903 on a lot size of 0.23.

Rare opportunity to own an income-producing 7 unit apartment building in Downtown Kalamazoo. With limited multifamily product in downtown Kalamazoo and the proximity to Kalamazoo's proposed $300M+ events center, this Airbnb has tons of upside to convert to long-term leases and implement a utility bill back/RUBS program to recapture some of the utility expense or continue operating as a fully furnished Airbnb. Having gone through extensive renovations this property has a new roof, newer windows, exterior renovations and updated apartments. Don't miss out on this turnkey investment with a proven track record and tons of potential. Property is sold fully-furnished with all Airbnb furniture.

Multi-Family Active

Price

^$ 585,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,285

Style

Lot Size

0.23

Year Built

1903

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70396689

Features

General

Heating Wall Heat

Possession At Close

Water Public Water

Status Active Active

Year Built 1903

County Kalamazoo

Class MULTIFAMILY

Type Multi-Family

Municipality Kalamazoo

Subdivision MI

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions Kings Highway North to 4th Street to Mills St. Property Near Corner of Mills and 4th St.

City Kalamazoo

School District Kalamazoo Public School District

Street Name Mills

Financial Terms Cash Conventional

Legal Description 8618 BEG ON W LI OF MILLS STREET 72.5FT S OF THE S LI OF FOURTH STREET; TH W PARALLEL WITH SD S LI TO THE ELY R-O-W LI OF PENN RR; TH SELY ON SD R-O-W LI TO SD W LI; TH N OF SD W LI TO BEG.

DOM 84

Postal Code 49001

Coming Soon

Interior

Basement Other

Total Number of Units 7

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 150

Lot Size Area 0.23

Lot Dimensions 150 X 135 X175

Lot Description Sidewalks

Roads City/County

Waterfront Y/N No

* Excluded Features

List By

Shawn Jacobs

Listing Agent

Moxie Real Estate + Development

Broker

shawnj@workwithmoxie.com

Affordability Calculator

$4,162

Per Month

Monthly Principal & Interest: $3,888
Monthly Property Taxes: $274
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$332,754

Percent of Sale Price 43%

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
6/10/2024	$585,000	-0.51%	Price Down
5/14/2024	$588,000	-0.84%	Price Down
4/30/2024	$593,000	-0.84%	Price Down
3/25/2024	$598,000		Listed Price

Map

More homes like this one

homes for you

See all

708 Mills Street, Kalamazoo, MI, 49001 is a Multi-Family Home for sale at $585,000 with a lot size of 0.23. 708 Mills Street is a studio with 0.0 baths and was built in 1903. 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 6.99% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

708 Mills Street

Multi-Family Home for sale in Kalamazoo, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home