Listing provided courtesy of Keller Williams GR East- MLS# 26023682
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755 Portage StreetKalamazoo, MI 49001
Commercial · 3 Full Baths · 4,000 Sq. ft. | 0.10 Acres$317,000
Active
755 Portage Street Overview
- Time on Site:
- 41 days
- Visits:
- 1
Turnkey 3-unit investment opportunity with additional development potential! This 4,800 sq ft property features strong rental income, off-street parking, and two additional lots included in the sale. The property includes an 800 sq ft front apartment, a 2,000 sq ft rear unit, and an additional income-producing unit. Updates include a new HVAC system, new water heater, and 3-inch spray foam insulation for improved efficiency. The upstairs unit has a rental potential of $1,775/month, while the smaller unit is currently rented at $875/month. The seller currently pays water, sewer, and garbage. Electric and gas are separately metered for the downstairs unit, with separate water metering as well. Great opportunity for investors seeking cash flow and long-term upside.
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755 Portage Street Facts & Features
- Type Commercial
- Sq. ft. 4,000
- Price/Sq.ft. $79
- Lot 0.10 Acres
Details
General
Building Information
- New Construction: No
- Year Built: 1954
Location/Region
- County Or Parish: Kalamazoo
Rent/Lease Information
- Tenant Pays: Common Area Maintenance,Electric,Gas,Janitorial,Trash
Tax Information
- Tax Annual Amount: 2821.0
General Information
- Parcel Number: 06-22-276-022
- Property Sub Type: Retail
- Property Type: Commercial Sale
Interior
Beds/Baths
- Bathrooms Full: 3
- Bathrooms Total: 3
Building Interior
- Building Area Total: 4000.0
General Information
- Interior Features: Broadband
- Stories Total: 4068
Exterior
Lot Information
- Lot Size Acres: 0.1
- Lot Size Area: 0.1
- Lot Size Dimensions: 44x99
- Lot Size Square Feet: 4356.0
- Lot Size Units: Acres
- Road Surface Type: Paved
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Vinyl Siding
- Roof: Composition,Rubber
General Information
- Number Of Units Total: 3
- Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
755 Portage Street Neighborhood
Community
49001 (Kalamazoo) Demographics
32
Median Age
2,805
Population Density (per sq. mile)
37%
College Educated
$46,124
Estimated Median Income
4,727
Estimated Total Home Owners
4,363
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.755 Portage Street Monthly Cost
755 Portage Street Market Data
Based on the last 30 days in this zip code
$185,061
Average List Price
$130
Average Price per Square Foot
18
Properties Sold
81
Average Days on Market
110
Properties for Sale