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Foundry Real Estate Partners, Inc
1105 N Burdick Street, Kalamazoo, MI 49007
- $235,000
- Sold Price
- $235,000
- List Price
- $235,000
- Closing Date
- Mar 20, 2026
- Days on Market
- 6
- MLS#
- 26004732
- Status
- SOLD
- Type
- Multifamily
Property Description
Turn-key brick 4-unit multifamily investment opportunity in the City of Kalamazoo. Each unit offers a functional 2-bedroom, 1-bath layout of approximately 725 square feet with classic woodwork and low-maintenance finishes. Utilities are separately metered for gas and electric, and tenants pay their own trash, keeping operating expenses low. Owner responsibility is limited to water/sewer and minimal common electric. Three units are currently occupied with one vacant unit ready for lease, providing immediate upside. Projected stabilized rents of approximately $900 per unit produce a potential gross income of $3,600 per month. Brick exterior and simple mechanicals make for straightforward, durable long-term ownership. Ideal for investors seeking strong cash flow with light value-add potential through rent increases and cosmetic updates. Pro forma financials available.
Additional Information
- Owner Pays
- Electricity, Sewer, Trash Collection, Water
- Taxes
- $5,669
- Acres
- 0.19
- Basement
- Slab
- Heating
- Forced Air
- School District
- Kalamazoo
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 10
- Utilities
- Natural Gas Connected, Phone Connected, Electricity Connected, Electricity Available, Natural Gas Available, Phone Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Will Howson from Listing Office: Coldwell Banker Realty.
Selling Agent: Selling Office: .
© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .