$250,000
$309,000
19.1%For more information regarding the value of a property, please contact us for a free consultation.
755 Portage Street Kalamazoo, MI 49001
3 Baths
4,000 SqFt
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $62
Municipality Kalamazoo City
MLS Listing ID 26023682
Sold Date 10/27/26
Full Baths 3
Year Built 1954
Annual Tax Amount $2,821
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 44x99
Property Sub-Type Retail
Source Michigan Regional Information Center (MichRIC)
Property 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.
Location
State MI
County Kalamazoo
Direction Located at N. E. corner of Portage and Vine
Interior
Interior Features Broadband
Heating Forced Air
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
View Y/N No
Roof Type Composition,Rubber
Street Surface Paved
Total Parking Spaces 6
Building
Structure Type Vinyl Siding
New Construction No
Schools
School District Kalamazoo
Others
Tax ID 06-22-276-022
Acceptable Financing Conventional, Contract, Cash
Listing Terms Conventional, Contract, Cash
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Bought with Dover Birch & Associates







