About 627-629 Mills St
This 3-unit property is a great investment opportunity, with 2 residential apartments on the upper level and 1 commercial space on the main level. The building has recently undergone updates, including a new roof in 2019 and remodeling of the upper-level apartments in 2020. For the convenience of tenants, there is a coin-operated washer and dryer in the shared common area between the two upstairs units. The commercial space has the potential to bring in $1-7 per sqft in rent. Previously, the building was used as a property management office and still has a variety of building materials on the property that could be included in the sale. Seller financing is available for qualified buyers. Don't miss out on this chance to own a lucrative property with multiple income streams. Agent has selling interest in this property
Features of 627-629 Mills St
MLS® # | 22031915 |
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Price | $135,000 |
Bathrooms | 0.00 |
Acres | 0.08 |
Year Built | 1928 |
Type | Multi-Family |
Sub-Type | 2 to 4 Units |
Status | Active |
Community Information
Address | 627-629 Mills St |
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Area | Greater Kalamazoo - K |
City | Kalamazoo |
County | Kalamazoo |
State | MI |
Zip Code | 49001 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Natural Gas, Electric, Forced Air |
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Cooling | None |
Fireplace | No |
Exterior
Roof | Rubber |
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School Information
District | Kalamazoo |
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Additional Information
Legal | 8564 Beginning on the north line of Fourth Street 6 Rods East of the east line of Mills Street; thence North 2 Rods parallel with the east line of Mills Street; thence West 6 Rods parallel with the north line of Fourth Street to the east line of Mills Street; thence South 2 Rods along the east line of Mills Street to the north line of Fourth Street; thence East 6 Rods along the north line of Fourt |
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New Construction | Yes |
Water | Public |
Financial Details
Annual Property Tax | $2,500 |
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Tax ID # | 0623118004 |
Taxable Value | 45500.00 |
Listing Details
Agent | Kevin Cole |
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Office | Bellabay Realty (Kentwood) |