1408 Reed Street

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per Sq. Ft.

Description

3 Unit investment property with current rents grossing $2,050/mo. Many recent updates in units 1 and 3, plus newer roof. Great cash flowing property, with roof for rent increase, set up a private showing today!3 Unit investment property with current rents grossing $2,050/mo. Many recent updates in units 1 and 3, plus newer roof. Great cash flowing property, with roof for rent increase, set up a private showing today!
  1. Listed by Adam Atwood • Five Star Real Estate
    P: (269)-377-4589 C: (269)-377-4589 atwoodproperties@gmail.com

Amenities

  • Basement
  • Fireplace
  • Forced Air
LISTING CLOSED: 02/27/2025 12:00 AM

Property Details for 1408 Reed Street

StatusSold
MLS #24043152
Days on Market177
Taxes$2,560 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1910
Lot Size0.11 AC / 4,792 SF
CountyKalamazoo County

Location

Listing Courtesy of Five Star Real Estate

Sold By CENTURY 21 C. Howard

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Building Information for 1408 Reed Street

Stories-Residences3Year Built1910Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$772 per month

30 year fixed, 6.55% Interest

Principal and Interest

$559

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1408 Reed Street

Summary
Location and General Information
  • Cross Streets: March and Cameron
  • Municipality: Kalamazoo City
  • Directions: North on Portage Rd, East on Reed St
  • Area - Major: Greater Kalamazoo - K
  • Street #: 1408
  • Street Name: Reed
  • Suffix: Street
  • City: Kalamazoo
  • State: MI
  • Zip Code: 49001
  • County: Kalamazoo
  • Latitude: 42.273874
  • Longitude: -85.56238
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 38685.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 39000626127649
  • Homestead: 0
  • SEV: 54700
Parking
  • Parking Features: Unpaved
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Unpaved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 44x110
  • Lot Measurement: Acres
  • Lot Acres: 0.11
  • Lot Square Footage: 4792.0
  • Lot Size Area: 0.11
Property and Assessments
  • Tax Year: 2024
  • Road Surface Type: Paved
  • Legal: 22866 REVISED PLAT OF HAYS PARK, Liber 7 of Plats Page 15; Lot 649, excluding the South 40ft.
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1910
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Public Sewer
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Street Type: Paved, Public
  • Exterior Material: Wood Siding
  • Roofing: Composition
  • Substructure: Michigan Basement
  • Extras: Sep Electric Meter
Interior Features
  • Heating: Forced Air
  • Basement: Yes
  • Cooling: None
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: No
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Air Conditioning: None
Multi Family
Multi Family Information
  • Number of Units: 3
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 0
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $700.00
  • Occupied: Yes
  • Description: Studio
Unit 2
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $525.00
  • Occupied: Yes
  • Description: 1 Bed Lower
Unit 3
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $825.00
  • Occupied: Yes
  • Description: Upper 1 bed
Unit 4
  • BathsTotal: 0
Unit 5
  • BathsTotal: 0
Unit 6
  • BathsTotal: 0
Unit 7
  • BathsTotal: 0
Unit 8
  • BathsTotal: 0
Unit 9
  • BathsTotal: 0
Unit 10
  • BathsTotal: 0
Unit 11
  • BathsTotal: 0
Unit 12
  • BathsTotal: 0
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric
  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional, FHA, VA Loan

Property History for 1408 Reed Street

DateEvent & SourcePriceAppreciation
Feb 27, 2025

Sold

Michigan Regional Information Center #24043152

$110,000—
Feb 27, 2025

Sold

MiRealSource #70425600

$110,000—
Feb 10, 2025

Contract Signed

Michigan Regional Information Center #24043152

—
DateEvent & SourcePrice
02/27/2025

Sold

Michigan Regional Information Center #24043152

$110,000
02/27/2025

Sold

MiRealSource #70425600

$110,000
02/10/2025

Contract Signed

Michigan Regional Information Center #24043152

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1408 Reed Street

This home is within Kalamazoo Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Milwood Elementary School
PublicPK to 5

Milwood Middle School
Public6 to 8

Loy Norrix High School
Public9 to 12

Kalamazoo Area Math and Science Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Five Star Real Estate

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