708 Mills Street Kalamazoo MI 49001 MLS #24014226

708 Mills Street
Kalamazoo, MI, 49001
$598,000
Beds
0 Baths
SqFt
0.23 Acres
$598,000
708 Mills Street
Kalamazoo, MI, 49001
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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.

Property Details

Price:
$598,000
MLS #:
24014226
Status:
Active
Beds:
0
Baths:
0
Address:
708 Mills Street
Type:
Single Family
Subtype:
5+ Units
City:
Kalamazoo
Listed Date:
Mar 25, 2024
State:
MI
ZIP:
49001
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1903

Schools

School District:
Kalamazoo

Interior

Cooling
Window Unit(s)
Fireplaces Total
1
Heating
Wall Furnace, Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Paved, Unpaved
Parking Spots
12

Financial

Tax Year
2023
Taxes
$3,285
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