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Buy a multi-family propertyat 190 Blake Boulevard, Galesburg, MI 49053

$342,000

$0/mo

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Multifamily

3,000 Sq. Ft.

6,969 Sq. Ft. lot

675 Days on market

70268025 MLS ID

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About 190 Blake Boulevard multi-family property

FULLY LEASED; CAP Rate of 7.14%. Historic 1890s Quad Plex on new foundation in Galesburg; perfect for commuters to Kalamazoo and Battle Creek. Includes coin-op washer/dryer and storage units in basement. Completely updated eight years ago; new mechanicals, plumbing, electrical, French drain w/sump (basement always dry); roof 7 years old; new fridges (1 y.o.). Paved lot rated for 10 cars in downtown area. Expenses apx. $950/mo; professionally managed. Landlord pays cable and internet. 2022 financials and leases available for review upon signed NDA. Seller will consider a 5-year land contract term. See agent for more details.
FULLY LEASED; CAP Rate of 7.14%. Historic 1890s Quad Plex on new foundation in Galesburg; perfect for commuters to Kalamazoo and Battle Creek. Includes coin-op washer/dryer and storage units in basement. Completely updated eight years ago; new mechanicals, plumbing, electrical, French drain w/sump (basement always dry); roof 7 years old; new fridges (1 y.o.). Paved lot rated for 10 cars in downtown area. Expenses apx. $950/mo; professionally managed. Landlord pays cable and internet. 2022 financials and leases available for review upon signed NDA. Seller will consider a 5-year land contract term. See agent for more details.

Property details

Property Access

City/County

Paved Street

Building

3,000 square feet

4 total units

Built in 1890

Community

Laundry Facility

Water Features

Public Water

Heating

Natural Gas

Forced Air

Interior Features

Cable/Internet Avail.

Listing

Originating MLS: Greater Kalamazoo Association of REALTORS

Sale/rent: For Sale

Location

Area: Galesburg (39021)

County: Kalamazoo

Cross street: Blake Blvd

Lot

Lot size: Irregular

Sidewalks

0.16 acres

Owner Pays

Electric

Gas

Trash Removal

Water/Sewer

Schools

School district: Galesburg-Augusta School District

Sewer

Public Sanitary

Taxes

Total amount: $3,200

Year: 2021

Unit One

Rent: $850

Occupied status: Yes

Unit Two

Rent: $875

Occupied status: Yes

Unit Three

Rent: $825

Occupied status: Yes

Unit Four

Rent: $850

Occupied status: Yes

Unit Five

Bedroom 2 width: 59

Monthly cost

Estimated monthly cost

$2,402/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Oct 10, 2012

Price

$100,000

DatePrice
Oct 10, 2012$100,000

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$321,480

+$10,260

$331,740

Seller agent commission$10,260 (3%)*

$0 (0%)

Buyer agent commission$10,260 (3%)*

$10,260 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $10,260 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:40 p.m.

Data updated: Aug 8, 2023 at 11:59 a.m.

Courtesy of NAI Wisinski of West Michigan.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
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