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About the Listing 107333 - 712237
Investment-minded buyers--take note! With its proven rental history and prime location within walking distance of Western Michigan University, this certified rental property offers strong cash flow and upside potential. Currently leased to single families at $3,650/month combined, it previously operated as student housing for up to 11 tenants, projecting $62,700-$79,200 annually (approx. 11-15% cap rate) at the new $415,000 price point.Certified with the City of Kalamazoo through Oct 2026, 3419 W Michigan Ave features two connected dwellings joined by a lockable enclosed corridor, allowing use as one large dwelling or two separate spaces. Together they offer 11 bedrooms, 5 baths, updated flooring, modern kitchens with newer appliances and countertops, and in-unit laundry in each dwelling--a rare feature in student housing. Sitting on a 0.43-acre lot with 10 parking spots and full basements, this turnkey property offers excellent student housing potential in the WMU corridor.
Listing Highlights for 3419 W Michigan
Status
Active
Days on Site
59
Property Type
Multi-Family
MLS ®
70492392
Year Built
1927
Total Square Footage
3,415
Lot/Acreage
0.43
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3415
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Sidewalks
- Garage Capacity: N/A
- Lot Dimensions: 86x232
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $10,111
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3419 W Michigan Kalamazoo, MI 49006
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