232 W  Michigan Ave, Kalamazoo, MI 49007
FOR SALE

232 W Michigan Ave
Kalamazoo, MI 49007

Central Business District
  • Studio
  • 5 Baths
  • 3,400 sqft
  • Studio
  • 5 Baths
  • 3,400 sqft

$695,000

Original price: $745,000
Est. Mortgage $4,589/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

SELLER FINANCING AVAILABLE! This property located at 232 E Michigan Ave, Kalamazoo, MI, is a mixed use building. The first floor is a commercial space, currently leased by a successful Pizza Shop. The second floor contains two, 1 Bed / 1 Bath residential units that are both currently rented. Entire second floor rehabbed in 2019 with all new finishes, new windows, on-demand water heaters, in unit washer/dryer, dishwasher, and stainless steel appliances, and exposed brick. Current deal in place for parking spots for units behind the building. The back of the building backs up to Bates Alley which includes a great piece of Kalamazoo nightlife. Great cash flowing property. Overall, this property offers a spacious and well-designed living space with a rich history, making it an appealing option for those seeking a investment property in Kalamazoo, MI. Contact for financials.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$204
Listed
66 days ago

Home Details for 232 W Michigan Ave

Interior Features

Interior Details
Basement: Partially Finished,PrivateNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bathrooms: 5Number of Bathrooms (full): 2Number of Bathrooms (half): 3
Dimensions and Layout
Living Area: 3400 Square Feet
Heating & Cooling
Heating: Forced Air,Natural GasNo CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Foundation: Basement, Block, Stone
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Sewer at Street
Farm & Range
Frontage Length: Frontage: 0'

Days on Market

Days on Market: 66

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Historic,Traditional
Building
Construction Materials: Brick
Property Information
Parcel Number: 0615378198

Price & Status

Price
List Price: $695,000Price Per Sqft: $204
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: KalamazooCommunity: Original Plat - City Of Kalamazoo
School Information
Elementary School District: KalamazooJr High / Middle School District: KalamazooHigh School District: Kalamazoo

Agent Information

Listing Agent
Listing ID: 20240011236

Building

Building Area
Building Area: 3400 Square Feet

HOA

Association for this Listing: Realcomp II Ltd

Lot Information

Lot Area: 1742.4 sqft

Listing Info

Special Conditions: Short Sale - No

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conv. Blend Rt

Compensation

Buyer Agency Commission: 1.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 20240011236

Additional Information

Publish Sale Price: 1
Last check for updates: about 20 hours ago
Listing courtesy of Scott Rubin, (248) 206-5622
Andover Real Estate, (248) 206-3666
Originating MLS: Realcomp II Ltd
Source: Realcomp II, MLS#20240011236

Price History for 232 W Michigan Ave

DatePriceEventSource
03/14/2024$695,000PriceChange
Realcomp II #20240011236
02/23/2024$745,000Listed For SaleRealcomp II #20240011236

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Property Taxes and Assessment

Year2023
Tax
Assessment$772,400
Home facts updated by county records

Comparable Sales for 232 W Michigan Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.73
Multi-Family Home
$205,000
05/17/23
2
2,939
0.47
Multi-Family Home
$277,000
11/17/23
-
-
0.43
Multi-Family Home
$235,000
12/22/23
-
-
0.57
Multi-Family Home
$205,088
11/09/23
-
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Business District

  • Trulia User
    "There are arts events that happen often. I usually drive by kids and people playing cards in the summer. "
    0
    Flag
  • Trulia User
    "As it is a trailer park, there are no yards in this neighborhood. So, unless you have a small dog, it's not advised to have a dog. "
    0
    Flag
  • Jmiltonk
    "its a easy commute. sometimes real late at night can be bit shady. the homeless are abundant in the area."
    0
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  • Tasha T.
    "There's a lot of open space for dogs to run, other dogs in the area to interact with, lots of trees for their dogs to sniff, people in the area, and lots of fresh air to breathe into their lungs."
    1
    Flag
  • Ligia
    "Not good for kids, but very nice for couples, singles and colleagues that want to live in more vibrant neighborhood walking distance to bars, restaurant and night life."
    0
    Flag

LGBTQ Local Legal Protections

Scott Rubin, Andover Real Estate
IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-02-12 12:03:06 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
232 W Michigan Ave, Kalamazoo, MI 49007 is a studio, 5 bathroom, 3,400 sqft multi-family built in 1940. 232 W Michigan Ave is located in Central Business District, Kalamazoo. This property is currently available for sale and was listed by Realcomp II on Feb 23, 2024. The MLS # for this home is MLS# 20240011236.