1826/1818 Sunnyside Drive, Kalamazoo, MI 49048

$2,150,000

Property Type: Multi Family Lot Size (sq. ft.): 333,234 Status: Sold

Current Price: $2,150,000 List Date: 8/05/2025 Last Modified: 9/22/2025

Overview

Description

Exceptional 40-unit apartment complex spanning 5 well-maintained buildings on 7.65 acres, offering both strong current income and future growth potential. All units are spacious 2-bed/1-bath with many updates, new windows, and steady occupancy. Annual gross rents approach $400,000, and the recent appraisal of $2,480,000 underscores the value at this price. Amenities include coin-operated laundry, tenant storage in the basement, and an on-site office. Ample land provides an opportunity for expansion or additional units, making this a prime value-add investment with immediate income and long-term upside.

Listing Details MLS# 25039146

Location Property Info

County: Kalamazoo
Street #: 1826/1818
Street Name: Sunnyside
Suffix: Drive
State: MI
Zip Code: 49048

General Property Info

Lot Measurement: Acres
Lot Square Footage: 333234
Lot Acres: 7.65
Lot Dimensions: Irregular
Year Built: 1969
New Construction: No
Financial Available: Yes
Cert of Compliance: No
Road Frontage: 307
Total # Units: 40
# of Diff Unit Floor Plans: Yes
Total # Bldgs: 5
Total Approx. SqFt All Bldgs: 29040
Total Parking Spaces: 80
Waterfront: No
School District: Comstock

Tax Info

Tax ID #: 06-12-330-020/06-12-330-050
Taxable Value: 453442
SEV: 719200
For Tax Year: 2025
Seller's Annual Property Tax: 31663.44
Tax Year: 2024
Spec Assessment & Ty: unk
Zoning: RM-1

Remarks Misc

Directions: On Sunnyside Dr, South of Asbury Ave and North of Gertrude St, on East side of street, 5 buildings total

Status Change Info

Under Contract Date: 2025-08-05
Sold Date: 2025-09-18
Sold Price/SqFt: 74.04

More Information

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 29153
Annual Mgmt. Fees: 12224
Annual Utilities: 32036
Gross Op. Inc.: 375000

Unit 1

Unit Description: Yes
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 2
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1000
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit Description: 4
SqFt: 850
Occupied: Yes
Monthly Rent: 775
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit Description: 5
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit Description: 6
SqFt: 850
Occupied: Yes
Monthly Rent: 825
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit Description: 7
SqFt: 850
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 800

Unit 8

Unit Description: 8
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 9

Unit Description: 9
SqFt: 850
Occupied: Yes
Monthly Rent: 850
Bathrooms: Yes
Full Baths: Yes

Unit 10

Unit Description: 10
SqFt: 850
Occupied: Yes
Monthly Rent: 825
Bathrooms: Yes
Full Baths: Yes

Unit 11

Unit Description: 11
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 12

Unit Description: 12
SqFt: 850
Occupied: Yes
Monthly Rent: 825
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: Common Area; In Basement; Laundry Room Exterior Material: Brick Roofing: Composition Substructure: Crawl Space; Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water Extras: Carports; Sep Electric Meter; Tenant Storage Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Hot Water Air Conditioning: Window Unit(s) Driveway: Asphalt Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Carport; Deck/Patio; Dishwasher; Range Oven; Refrigerator Unit 2: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; Deck/Patio; Dishwasher; Refrigerator Unit 4: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator Unit 5: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator Unit 6: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator Unit 7: Deck/Patio; Dishwasher; Refrigerator; Range/Oven Unit 8: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator Unit 9: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator Unit 10: Deck/Patio; A/C Unit; Dishwasher; Range/Oven; Refriderator Unit 11: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refriderator Unit 12: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refriderator

Listing Office: Keller Williams GR East

Listing Agent: Lucas Howard

Last Updated: September - 22 - 2025

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