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118-130 S Clarendon St 8 Unit Apartment Building $1,020,367 CAD ($127,546 CAD/Unit) Kalamazoo, MI 49006
Executive Summary
Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units, new boiler and much more. There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates. Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.
Property Facts
| Price | $1,020,367 CAD | Building Class | C |
| Price Per Unit | $127,546 CAD | Lot Size | 0.60 AC |
| Sale Type | Investment | Building Size | 6,912 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1982/2025 |
| Apartment Style | Low-Rise | Parking Ratio | 2.31/1,000 SF |
| Zoning | RM1 | ||
| Price | $1,020,367 CAD |
| Price Per Unit | $127,546 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 6,912 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2025 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | RM1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 700 |
| 2+1 | 6 | - | 900 |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $322,409 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$322,409 CAD
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118-130 S Clarendon St
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