Courtesy of Callander Commercial, Matthew Callander
525 N Arlington Street, Kalamazoo, Michigan, 49006
1.57 Acres
#26021676
Welcome to Arlington off Main! This 25 unit apartment community is unlike anything else in the market. With immediate cash flow available, improved unit fit and finish, and updated capital elements, this investment is primed for any investor that seeks stabilized cash flow day one! Rents are under market comparable to like kind communities giving the future owner the opportunity for income upside! Geographically positioned by the new Arena project in Downtown, Kalamazoo College, and Western Michigan University, the subject property will be relevant for years to come!
PROPERTY FEATURES
- Utilities : Natural Gas Available, Phone Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Concrete, Driveway
- Parking Total: 25
- Zoning Description : RM-2
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Brick, Vinyl Siding
- Roof: Metal
- Road Surface Type: Paved
- Laundry Features : Common Area
PROPERTY DETAILS
ID: 26021676
Status: Pending Sale
Price: $1,850,000
Acres: 1.57 Acres
Price Per Acre: $1,178,344
Type: Multi-family
Address: 525 N Arlington Street
City, State: Kalamazoo, Michigan
County: Kalamazoo
Zip Code: 49006
Lat/Long: 42.296834, -85.610119
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