About 809 W Cedar Street
30-year DSCR financing available! Excellent investment opportunity in the heart of Kalamazoo. This 7-unit, city-certified multi-family property includes two buildings on one parcel--a 3-unit and a 4-unit--currently generating $5,945/month in gross rent. With strong cash flow, functional layouts, and long-term tenant stability, this asset offers immediate returns and future upside. Utilities are gross leased, with costs annualized and charged back to tenants. Located near Western Michigan University, Kalamazoo College, downtown shops, Bronson Park, and more. Off-street parking included. A prime option for portfolio growth or optional owner-occupancy. Priced at $539,990.
Features of 809 W Cedar Street
| MLS® # | 65025038683 |
|---|---|
| Price | $539,990 |
| Bathrooms | 0.00 |
| Acres | 0.20 |
| Year Built | 1865 |
| Type | Multifamily |
| Status | Active |
Community Information
| Address | 809 W Cedar Street |
|---|---|
| Area | 39062 - Kalamazoo |
| City | Kalamazoo city |
| County | Kalamazoo |
| State | Michigan |
| Zip Code | 49007 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Parking | Paved, Shared Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric, Natural Gas, Radiant |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Construction | Shingle Siding, Stucco |
|---|---|
| Foundation | Michigan Basement |
School Information
| District | Kalamazoo |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Rivertown |
|---|---|
| Contact Info | ryan@prichardproperties.com |