471 Reed Street

Kalamazoo, MI 49001

$85,000
Last Sold Price
5
Beds
—
Baths
1,662 Sq. Ft.
$51 / Sq. Ft.
1,662
Sq. Ft.
$51
per Sq. Ft.
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Sold 3/19/18
Sold 3/19/18

Description

Excellent investment opportunity. Three rental units available. Each unit has own water heater and furnace and each is separately metered for gas and electric. Siding is less than 8 years old and roof is less than 5 years. Owner's expenses for 2017 were approx $2,600 for taxes, water and trash removal. This property has an excellent value and should provide an solid return on investment.Excellent investment opportunity. Three rental units available. Each unit has own water heater and furnace and each is separately metered for gas and electric. Siding is less than 8 years old and roof is less than 5 years. Owner's expenses for 2017 were approx $2,600 for taxes, water and trash removal. This property has an excellent value and should provide an solid return on investment.
  1. Listed by Richard J Bosch • Liston & Liston, LLC DBA Liston Bosch Realty
    P: (269)-598-6359 C: (269)-598-6359 rickinmich@charter.net

Amenities

  • Full Basement
LISTING CLOSED: 03/19/2018 12:00 AM

Property Details for 471 Reed Street

StatusSold
MLS #66018000520
Days on Market88
Taxes$1,353 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyKalamazoo County
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Location

Listing Courtesy of Liston & Liston, LLC DBA Liston Bosch Realty

Sold By RE/MAX Advantage

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Building Information for 471 Reed Street

Stories-Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

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$545 per month

30 year fixed, 6.55% Interest

Principal and Interest

$432

Property Taxes

$113

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 471 Reed Street

Summary
Location and General Information
  • Directions: Burdick to Reed Ave. East on Reed to address, on north side of road.
  • Latitude: 42.274269
  • Longitude: -85.575154
  • Cross Street: Reed Ave and Belford St
  • MLS Area Major: Area39062Kalamazoo
Taxes and HOA
  • Parcel Number: 0622474157
  • Tax Amount Summer: $1,353.00
  • Tax Annual Amount: $1,353.00
  • Tax Assessed Value: $20,563.00
  • Tax Legal Description: 42338 SOUTH SIDE IMPROVEMENT COMPANYS ADDITION Lot 157, excluding the North 50ft.
  • Tax Year: 2017
School Information
  • High School District: Kalamazoo
Parking
  • Parking Total: 3.0
Property
Lot Information
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000.0
  • Lot Size Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Road Frontage Feet: 50
Property and Assessments
  • State Equalized Value: 22400.0
  • Building Area Total: 1662.0
  • Building Area Units: Square Feet
  • Class Name: Residential Income
  • Year Built: 1900
Building Features
  • Construction Materials: Vinyl Siding
  • Number Of Buildings: 1
  • Roof: Composition
Utilities
  • Sewer: Public Sewer, Sewer At Street, Storm Drain
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected, Sewer Connected, Water Available
  • Water Source: Public, Waterat Street
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number of Units Total: 3
  • Unit Records: 3
Unit Information
Unit 1
  • Description: Lower Right Unit, Sep. Heat System
  • Total Rent: $550.00
  • Appliances: Oven, Refrigerator, Range
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 600.0
  • Type: Two Bedroom
Unit 2
  • Description: Lower Left Unit, Sep. Heat System
  • Total Rent: $400.00
  • Appliances: Oven, Refrigerator
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Sq Ft: 400.0
  • Type: One Bedroom
Unit 3
  • Description: Upstairs Unit, Sep. Heat System
  • Total Rent: $550.00
  • Appliances: Oven, Refrigerator
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 650.0
  • Type: Two Bedroom
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 471 Reed Street

DateEvent & SourcePriceAppreciation
Mar 19, 2018

Sold

Realcomp #66018000520

$85,000—
Jan 27, 2018

Contract Signed

Realcomp #66018000520

—
Dec 21, 2017

Listed (Active)

Realcomp #66018000520

$109,900—
DateEvent & SourcePrice
03/19/2018

Sold

Realcomp #66018000520

$85,000
01/27/2018

Contract Signed

Realcomp #66018000520

—
12/21/2017

Listed (Active)

Realcomp #66018000520

$109,900

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

Schools near 471 Reed Street

This home is within Kalamazoo Public Schools.
Rating
School
Type
Grades
Distance
Washington Writers' Academy
Public - PK to 5
Milwood Middle School
Public - 6 to 8
Loy Norrix High School
Public - 9 to 12
Kalamazoo Area Math and Science Center
Public - 9 to 12
Rating
School
Distance
Washington Writers' 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
471 Reed, Kalamazoo, MI 49001
$62,500
–
–
–
0.11
471 Reed Avenue, Kalamazoo, MI 49001
$85,000
5
3
–
0.11
461 Reed Avenue, Kalamazoo, MI 49001
–
2
1
846
0.12
475 Reed Avenue, Kalamazoo, MI 49001
$6,800
3
1
962
0.12
479 Reed Avenue, Kalamazoo, MI 49001
$15,000
4
1,564
1.15

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Listing Courtesy of Liston & Liston, LLC DBA Liston Bosch Realty

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