Kelley ReitzelBig Rapids Realty & Reed City Realty, Canadian Lakes Team, ABR Broker

231-250-4417

4238/4308 Moreland Street, Kalamazoo, MI 49001

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$550,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Kalamazoo
  • County Kalamazoo
  • Township Kalamazoo City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Slab
  • Garage  
  • Acreage 0.36
  • Heat Type Hot Water
  • Central Air Window Unit(s)
  • Year Built 1960
  • Style  
  • Exterior  
  • Taxes  
  • SEV 251000
  • Zoning RM-36
  • Parcel 06-35-451-382/06-35-451-363
  • Lot Size 60x264

Features

Excellent investment opportunity! This well-maintained two-building, eight-unit apartment complex offers strong income with $88,800 in gross annual rents and full occupancy. Features include six 2-bedroom units and two 1-bedroom units, a laundry room with coin-operated washer and dryer, and covered carports. Recent updates include newer windows and roofs, reflecting the pride of ownership throughout. Solid brick construction and rental certified through 2027 provide peace of mind for investors. Convenient layout and well-kept condition make this a turnkey addition to any portfolio.

Directions From I-94, exit Portage Rd, go North and turn East on Nottingham Ave, North on Moreland St, property on the left.
Listing Courtesy of Lucas Howard - Keller Williams GR East

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