1701 Olmstead Road

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Description

This unique opportunity is currently utilized as a rehabilitation facility for temporary housing. The current configuration accommodates approximately 17 residential rooms and 13 offices. Communal commercial kitchen will include all existing equipment. Common restrooms and showers. This asset is primed to be converted to a like kind or alternative use. The site measures 4.11 Acres and is positioned nicely in a quiet and serene setting. All showings to be arranged by Listing Agent.This unique opportunity is currently utilized as a rehabilitation facility for temporary housing. The current configuration accommodates approximately 17 residential rooms and 13 offices. Communal commercial kitchen will include all existing equipment. Common restrooms and showers. This asset is primed to be converted to a like kind or alternative use. The site measures 4.11 Acres and is positioned nicely in a quiet and serene setting. All showings to be arranged by Listing Agent.
  1. Listed by Matthew H Callander • Callander Commercial
    P: (269)-384-8368 mcallander@ccmichigan.com

Property Details for 1701 Olmstead Road

Zoning
I-2
ZoningDescription
I-2
LISTING CLOSED: 12/27/2023 12:00 AM

Property Details for 1701 Olmstead Road

StatusSold
MLS #23022827
Days on Market46
Taxes$5,204 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 5+ Units
Year Built1960
Lot Size4.11 AC / 179,032 SF
CountyKalamazoo County

Location

Listing Courtesy of Callander Commercial

Sold By NAI Wisinski of West Michigan

Add your commute

Building Information for 1701 Olmstead Road

Stories-Residences17Year Built1960Building Size-Lot Size4.11 AC / 179,032 SF

Payment Calculator

$5,110 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,676

Property Taxes

$434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1701 Olmstead Road

Summary
Location and General Information
  • Cross Streets: Sprinkle & Lake
  • Municipality: Kalamazoo Twp
  • Directions: Located on Olmstead between Sprinkle & Lake
  • Area - Major: Greater Kalamazoo - K
  • Street #: 1701
  • Street Name: Olmstead
  • Suffix: Road
  • City: Kalamazoo
  • State: MI
  • Zip Code: 49048
  • County: Kalamazoo
  • Latitude: 42.274712
  • Longitude: -85.537315
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 1.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 06-24-470-021
  • Homestead: 0
  • SEV: 1
Parking
  • Parking Features: Asphalt, Driveway, Paved
  • Parking Total: 25.0
  • Attached Garage: No
  • Driveway: Asphalt, Paved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: Irregular
  • Lot Measurement: Acres
  • Lot Acres: 4.11
  • Lot Square Footage: 179032.0
  • Lot Size Area: 4.11
Property and Assessments
  • Tax Year: 2022
  • Road Surface Type: Paved
  • Legal: 1029380 3906 24 470 021 . SEC 24-2-11 BEG IN E LI SW 1/4 SE 1/4 SEC 24 AT PT 927.45 FT S OF NE COR THEREOF TH W PAR TO N LI SW 1/4 SE 1/4 869.75 FT TO C LI OLMSTEAD RD TH SELY THEREON 476.25 FT TO S LI SD SEC TH E THEREON 580.6 FT TO SD E LI TH N THE REON 412.41 FT TO BEG EXC THE E 270 FT THEREOF SUBJECT TO ROW OVER S 35 FT THEREOF
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1960
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected
  • Sewer: Public Sewer, True
  • Util Avail at Street: Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Public Water
  • Utilities Attached: Electricity Connected, Natural Gas Connected, Phone Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Street Type: Paved, Public
  • Exterior Material: Brick
  • Substructure: Other
Interior Features
  • Heating: Forced Air
  • Basement: No
  • Basement Yes/No: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 17
Unit Information
Unit 1
  • BathsTotal: 0
Unit 2
  • BathsTotal: 0
Unit 3
  • BathsTotal: 0
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
  • Tenant Pays: None
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional

Property History for 1701 Olmstead Road

DateEvent & SourcePriceAppreciation
Dec 27, 2023

Sold (Public Record)

Public Record #1524633479

$920,000—
Dec 27, 2023

Sold

Michigan Regional Information Center #23022827

$920,000—
Dec 27, 2023

Sold

MiRealSource #70319463

$920,000—
DateEvent & SourcePrice
12/27/2023

Sold (Public Record)

Public Record #1524633479

$920,000
12/27/2023

Sold

Michigan Regional Information Center #23022827

$920,000
12/27/2023

Sold

MiRealSource #70319463

$920,000

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

Public Records for 1701 Olmstead Road

Taxable ValueLand-Additions-Total-
Tax Record2024$35,259 ($2,938 / month)
Home Facts
Total Finished SqFt15,190 SqFtAbove Grade Finished SqFt15,190 SqFtStories1Lot Size179,032 SqFtStyleMiscellaneous CommercialZoningI-2CountyKALAMAZOOAPN06-24-470-021

Schools near 1701 Olmstead Road

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
Edison Academy
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Callander Commercial

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