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32802954
32802975

755 Portage Street, Kalamazoo, MI 49001

DM
MI MI 6506047703
The Matthews Group, Keller Williams
Keller Williams GR East
Listed by The Matthews Group, Keller Williams, Keller Williams GR East
$317,000
22 days on market
Updated 3 days ago
Opportunity zone

755 Portage Street

Details
APN 06-22-276-022
Property Type Retail, Office
Sub Type Storefront, Executive Office (+2)
Square Footage 4,000
Units 3
Year Built 1954
Buildings 1
Acreage 0.100
Parking Spaces 6 spaces
Parking Per SqFt 1.50

Retail | 4,000 SqFt

Marketing description

Turnkey 3-unit investment opportunity with additional development potential! This 4,800 sq ft property features strong rental income, off-street parking, and two additional lots included in the sale. The property includes an 800 sq ft front apartment, a 2,000 sq ft rear unit, and an additional income-producing unit. Updates include a new HVAC system, new water heater, and 3-inch spray foam insulation for improved efficiency. The upstairs unit has a rental potential of $1,775/month, while the smaller unit is currently rented at $875/month. The seller currently pays water, sewer, and garbage. Electric and gas are separately metered for the downstairs unit, with separate water metering as well. Great opportunity for investors seeking cash flow and long-term upside.
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Listing Contacts

DM
MI MI 6506047703
The Matthews Group, Keller Williams
Keller Williams GR East
Listed by The Matthews Group, Keller Williams, Keller Williams GR East

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Additional Information

Name
Darryl Matthews
License
MI 6506047703
Brokerage
Keller Williams Grand
Brokerage Phone
6165751000
Brokerage Address
1555 Arboretum Drive Southeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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