1433 Lakeway Avenue, Kalamazoo, MI 49001 (MLS# 24062494)

1433 Lakeway Avenue, Kalamazoo, MI 49001

$725,000

Property Type: Multi Family Lot Size (sq. ft.): 15,682 Status: Sold

Current Price: $725,000 List Date: 12/10/2024 Last Modified: 3/11/2025

Overview

Description

Here is a well-positioned, all-brick six-unit in Millwood. The five two-bedroom units are fully furnished and have been recently updated with new flooring, fresh paint, and new mini split A/C systems. The backyard is nicely appointed, including a deck with shade arbor and privacy fencing. There is a five-stall garage with separate openers, and a stamped concrete driveway deep enough for at least five more cars. Given its location off I-94 and a short distance from Pfizer, Stryker, & Zoetis, the owner set this up for short-term corporate rentals.

Listing Details MLS# 24062494

Location Property Info

County: Kalamazoo
Street #: 1433
Street Name: Lakeway
Suffix: Avenue
State: MI
Zip Code: 49001
Zip (4): 4975

General Property Info

Lot Measurement: Acres
Lot Square Footage: 15682
Lot Acres: 0.36
Lot Dimensions: 84x186
Year Built: 1963
New Construction: No
Road Frontage: 270
Total # Units: 6
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 3894
Total Parking Spaces: 10
Waterfront: No
School District: Kalamazoo
Basement: Yes

Tax Info

Tax ID #: 06-35-193-356
Taxable Value: 191504
SEV: 220700
For Tax Year: 2023
Seller's Annual Property Tax: 12757
Tax Year: 2023
Spec Assessment & Ty: None Known
Zoning: RM-15
Homestead %: 0

Remarks Misc

Directions: From I-94, south to Lakeway, west to property

Status Change Info

Under Contract Date: 2025-01-17
Sold Date: 2025-03-07
Sold Price/SqFt: 186.18

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: Yes
Occupied: No
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 0
A/C Unit: Yes

Unit 2

Unit Description: 6
Occupied: No
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 0

Location & Property Info

Cross Streets: Portage & Milwood
Property Sub-Type: 5+ Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 192.58

Remarks & Misc

Legal: G51-73 LAKE WAY PARK NO. 2, LIBER 10 OF PLATS PAGE 10; LOT 356, EXCLUDING THAT PART LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE; BEGINNING 93.52FT WEST OF THE CENTER 1/4 POST OF SECTION 35; THENCE NORTHWESTERLY ON A CURVE TO THE LEFT (RADIUS = 1399.69FT) TO A POINT IN THE WESTERLY LINE OF PORTAGE STREET, SAID POINT BEING 309.57FT NORTH & 230.41FT WEST OF THE CENTER 1/4 POST OF SECTION 35.

Lot Description

Corner Lot: Yes

Street Type

Public: Yes

Util Avail at Street

High Speed Internet: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

Common Area: Yes
In Basement: Yes

Exterior Material

Brick: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Baseboard: Yes

Air Conditioning

Wall Unit(s): Yes

Tenant Pays

None: Yes

Driveway

Concrete: Yes

Substructure

Daylight: Yes

Extras

Garages: Yes
Laundry Facility: Yes
Sep Electric Meter: Yes
Sep Water Meter: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Property Features

Laundry Features: Common Area; In Basement Exterior Material: Brick Roofing: Composition Substructure: Daylight Lot Description: Corner Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: High Speed Internet Extras: Garages; Laundry Facility; Sep Electric Meter; Sep Water Meter Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Baseboard Air Conditioning: Wall Unit(s) Driveway: Concrete Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional Sale Conditions: None Unit 1: A/C Unit

Listing Office: Dover Birch & Associates

Listing Agent: Rob Peterson

Last Updated: March - 11 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.