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$ 199,900
Est. payment /mo
Active
108 Hutchinson Street Kalamazoo, MI 49001
0.44 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70533440
Year Built 1941
Annual Tax Amount $4,088
Tax Year 2025
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 118.80 X 160
Property Sub-Type Multi-Family
Property Description
** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 12/31/2027 Excellent income-producing opportunity in Kalamazoo! 108 Hutchinson features three rental units with strong cash flow already in place. Unit 1 is a spacious 3-bedroom apartment currently rented for $1,130/month. Unit 2 is a 1-bedroom unit bringing in $600/month, while Unit 3 is a desirable 2-bedroom apartment located above the garage and currently rented for $850/month. With a total monthly rental income of $2,580, this property makes a fantastic addition to any investment portfolio. Newer roof; newer furnaces and water heaters. Landlord pays Water/sewer & trash. Conveniently located near downtown Kalamazoo, shopping, dining, and local amenities, this multi-unit property offers steady income potential and long-term upside for investors looking to expand their portfolio.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,Land Contract,VA

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Listed by Real Broker, LLC
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