FOR SALE
Local Information
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Description
Expand your real estate portfolio with this rare investment opportunity! 807-809 Cedar features two buildings on one parcel: a 3-unit and a 4-unit, generating $5712 monthly rent. It promises excellent returns with impressive rental yield, low vacancy rates, and strong market demand. The units boast functional layouts, require minimal upkeep, and allow for owner occupancy. This multi-family home is rental-certified by the city of Kalamazoo and is conveniently located within walking distance from Western Michigan and Kalamazoo College along with downtown Kalamazoo main eateries, Kalamazoo Museum, Bronson Park, and Upjohn playground. Tenants have all stayed for multiple years and pay on time. Act now to add this exceptional investment opportunity to your portfolio before it's gone!
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
31 days ago
Home Details for 807-809 W Cedar St
Interior Features |
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Interior Details Basement: Michigan Basement,Full |
Appliances & Utilities Utilities: Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected |
Heating & Cooling Heating: Forced Air,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2 |
Gas & Electric Has Electric on Property |
Exterior Features |
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Exterior Home Features Roof: Composition |
Parking & Garage No Attached GarageParking Spaces: 8Parking: Driveway,Gravel |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 31 |
Property Information |
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Year Built Year Built: 1865 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Units |
Building Construction Materials: Wood Siding, StuccoNot a New Construction |
Property Information Parcel Number: 0621235434 |
Price & Status |
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Price List Price: $560,000 |
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: 24014483 |
Lot Information |
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Lot Area: 8712 sqft |
Offer |
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Listing Terms: VA Loan, FHA, 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: None, Gas |
Rental |
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Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas |
Miscellaneous |
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BasementMls Number: 24014483 |
Last check for updates: about 23 hours ago
Listing courtesy of Wyatt Hawkins, (616) 485-7824
Blue Beacon Realty LLC, (616) 295-3632
Ryan M Prichard, (616) 951-3925
Blue Beacon Realty LLC, (616) 295-3632
Source: MichRIC, MLS#24014483
Price History for 807-809 W Cedar St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/10/2024 | $560,000 | PriceChange | MichRIC #24014483 |
| 03/27/2024 | $565,000 | Listed For Sale | MichRIC #24014483 |
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Comparable Sales for 807-809 W Cedar St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $205,000 | 12/07/23 | - | - | ||
0.20 | Multi-Family Home | $234,700 | 01/22/24 | - | - | ||
0.16 | Multi-Family Home | $225,000 | 11/01/23 | - | - | ||
0.13 | Multi-Family Home | $235,000 | 12/22/23 | - | - | ||
0.33 | Multi-Family Home | $285,000 | 01/05/24 | - | - | ||
0.09 | Multi-Family Home | $277,000 | 11/17/23 | - | - | ||
0.07 | Multi-Family Home | $205,088 | 11/09/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Vine
- Trulia User
- Visitor
- 1y ago
"love the naborhood it's wonderful and quiet I would love to live over here it's only me and it's nice people over here"
- Trulia User
- Resident
- 2y ago
"Very quiet and everyone is nice to one another There isn’t any party’s or any gun violence Everyone respects one another too"
- Rosalinda C.
- Resident
- 3y ago
"I drive , I don’t use any public transportation, I have my own car that I use to go places . I know people who use it but they rather use uber "
- Tarikah F.
- Resident
- 4y ago
"There are several dog friendly parks in the area. There is also a large field behind Wester Michigan Universities campus where dogs have plenty of space to run."
- Rachel_ward2
- Resident
- 4y ago
"There is a lot of character to the older historic homes and I love the neighborhood. I have lived here for 5+ years and don’t have many complaints at all!"
- Randi B.
- Resident
- 4y ago
"I like the artistic feel, diversity and community like atmosphere of the neighborhood. I wouldn’t buy in this neighborhood but I’ve rented here the past 5 years and couldn’t imagine renting anywhere else. "
- Lanna.a.lewis
- Resident
- 5y ago
"Lots if different people and very close to everything. Walk to downtown or even the campuses. On the side closer to downtown going east, less college students and less noise. "
- Christine L.
- Resident
- 5y ago
"Vine neighborhood varies. Some areas are great for families. Some areas have parties and crime but I don’t believe the crime is high"
- Amy R.
- Resident
- 5y ago
"Close to downtown and amazing restaurants. We love being able to walk in our neighborhood and visit so many great restaurants and shops downtown. "
- Kc P.
- Resident
- 5y ago
"Lived here for 4 years. It’s a good mix of people. People are friendly and it’s close to everything."
- A j. s.
- Resident
- 5y ago
"I lived here when I was a kid and I came back because it’s cheap and dog friendly. I always see kids playing outside after school, lots of bikers, dogs, and folks on their porches. "
- Amy R.
- Resident
- 5y ago
"It's close to downtown, great restaurants, shops and close to campus. We have lived here over 10 yrs. "
- AliBrodsky
- Resident
- 6y ago
"I live on the one way headed to downtown. Bronson park, the public library, and the bus station is within walking distance. Fourth Coast coffee is just around the corner "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Wyatt Hawkins, Blue Beacon Realty LLC
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.