FOR SALE
Local Information
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Description
Rare opportunity to own an income-producing 7 unit apartment building in Downtown Kalamazoo. With limited multifamily product in downtown Kalamazoo and the proximity to Kalamazoo's proposed $300M+ events center, this Airbnb has tons of upside to convert to long-term leases and implement a utility bill back/RUBS program to recapture some of the utility expense or continue operating as a fully furnished Airbnb. Having gone through extensive renovations this property has a new roof, newer windows, exterior renovations and updated apartments. Don't miss out on this turnkey investment with a proven track record and tons of potential. Property is sold fully-furnished with all Airbnb furniture.
Home Highlights
Parking
12 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
33 days ago
Home Details for 708 Mills St
Interior Features |
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Interior Details Basement: Other |
Appliances & Utilities Utilities: None Available, Natural Gas Connected, Electricity Connected |
Heating & Cooling Heating: Wall Furnace,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Number of Fireplaces: 1 |
Gas & Electric Has Electric on Property |
Exterior Features |
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Parking & Garage No Attached GarageParking Spaces: 12Parking: Paved,Unpaved |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 33 |
Property Information |
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Year Built Year Built: 1903 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Units |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 0623118003 |
Price & Status |
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Price List Price: $598,000 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Kalamazoo |
School Information High School District: Kalamazoo |
Agent Information |
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Listing Agent Listing ID: 24014226 |
Lot Information |
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Lot Area: 10018.8 sqft |
Offer |
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Listing Terms: Cash, Conventional |
Compensation |
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Sub Agency Commission: 0.00Sub Agency Commission Type: %Transaction Broker Commission: 0.00Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Gas |
Rental |
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Owner Pays: Water, Sewer, Gas |
Miscellaneous |
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BasementMls Number: 24014226 |
Last check for updates: 1 day ago
Listing courtesy of Shawn Jacobs, (616) 227-9744
MOXIE Real Estate + Development, (616) 890-7794
Source: MichRIC, MLS#24014226
Price History for 708 Mills St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/25/2024 | $598,000 | Listed For Sale | MichRIC #24014226 |
| 01/31/2023 | $560,000 | Sold | MichRIC #22029547 |
| 11/08/2022 | $560,000 | Pending | MichRIC #22029547 |
| 07/14/2022 | $560,000 | PriceChange | MichRIC #22029547 |
| 03/14/2022 | $549,000 | PendingToActive | MichRIC #21110863 |
| 03/10/2022 | $549,000 | Pending | MichRIC #21110863 |
| 02/02/2022 | $549,000 | PriceChange | MichRIC #21110863 |
| 12/29/2021 | $569,000 | PriceChange | MichRIC #21110863 |
| 10/15/2021 | $589,000 | Listed For Sale | MichRIC #21110863 |
| 09/27/2016 | $88,000 | Sold | MichRIC #16029270 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | |
| Assessment | $119,600 |
Home facts updated by county records
Comparable Sales for 708 Mills St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.33 | Multi-Family Home | $145,000 | 07/28/23 | - | - | ||
0.48 | Multi-Family Home | $150,000 | 11/27/23 | - | - | ||
0.52 | Multi-Family Home | $155,000 | 07/31/23 | - | - | ||
0.60 | Multi-Family Home | $150,000 | 01/31/24 | - | - | ||
0.98 | Multi-Family Home | $590,000 | 08/31/23 | - | - | ||
0.53 | Multi-Family Home | $139,900 | 03/29/24 | - | - | ||
0.84 | Multi-Family Home | $329,000 | 03/20/24 | - | - | ||
0.75 | Multi-Family Home | $185,000 | 07/07/23 | - | - | ||
0.70 | Multi-Family Home | $145,000 | 10/24/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Edison
- Trulia User
- Prev. Resident
- 5mo ago
"you always see people walking there dogs but they aren't nice & neither is their dog. so as long as you stay away from them you'll be ok. not everyone is a dog Person."
- Trulia User
- Resident
- 1y ago
"I have lived in this area for 12 years and haven’t had any issues with neighbors. I need a smaller place due to the fact that my kids are grown now"
- Trulia User
- Visitor
- 1y ago
"loving this neighborhood just to visit it and it's a good neighborhood to live in Neighbors wonderful housing love the landlords"
- Trulia User
- Visitor
- 1y ago
"very good neighborhood with good people wonderful living a good area to raise your kids it's a good area that you can meet new people and communicate be happy it's a safe environment each resident over there watch each other's houses and cars and stuff like that"
- Trulia User
- Resident
- 2y ago
"Great neighborhood, lived here for years without any problems. it's a great place to start a family and the schools are close by."
- Scottjakarri
- Prev. Resident
- 4y ago
"Good safe most of the time stay to yourself to avoid the drama I use to live in the area an my children had lots of friends "
- James C.
- Visitor
- 4y ago
"my neighborhood is improving. however we are looking to move out of the neighborhood into a more rural area."
- Shari.rose
- Resident
- 4y ago
"I would not take public transportation in my neighborhood. It is not the best area where I live. It is sometimes scary to go anywhere alone in my community."
- Kegan
- Resident
- 5y ago
"Very easy commute, I live within 10 minutes from anywhere I need to go! Some traffic but most of the time it’s an easy drive "
- Margaret C. M.
- Resident
- 5y ago
"I've lived here all my life and everyone knows eachother and always looks out for eachother. Its a great neighborhood "
- Margaretmcdaniel27
- Resident
- 6y ago
"I've lived in this neighborhood for 24 years i love living here and most everyone in tbis neighborhood knows each other and loom out for eachother"
- Mark F.
- 13y ago
"Not the best neighbor hood to live in....especially to the north....many neighbors have had Vandalism...windows broke....people breaking in...I should know...I used to live at 855 fulton and am glad to be gone because of my kids. Make sure they let you know that you know that the roof needs major help and it has leaks .....and also mold in the basement"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shawn Jacobs, MOXIE Real Estate + Development
Information is deemed reliable but not guaranteed.
Copyright 2024 MichRIC, LLC. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.