521 N Spruce Street, Vicksburg, MI 49097 (MLS# 26024522)

521 N Spruce Street, Vicksburg, MI 49097

$344,000

Property Type: Multi Family Lot Size (sq. ft.): 18,731 Status: Active

Current Price: $344,000 List Date: 5/23/2026 Last Modified: 7/18/2026

Overview

Description

Rare Turn-Key Investment Opportunity in Vicksburg! A truly exceptional addition to any portfolio, this property stands as the only 4-unit multi-family building in the entire Vicksburg area. Offering immediate, reliable cash flow, this turn-key investment is being sold with full occupancy already in place. Tenant demand is exceptionally high for this property, largely driven by the highly desirable single-story layout--all four units are entirely on one level, eliminating stairs and appealing to a remarkably broad pool of long-term renters. Situated on a generous lot just north of downtown, tenants enjoy the perfect balance of small-town charm and seamless access to local amenities and major commuter routes. With low vacancy history, solid bones, and predictable overhead, this unique income generator is ready to perform from day one. Schedule your private tour today.

Listing Details MLS# 26024522

Location Property Info

County: Kalamazoo
Street #: 521
Street Direction: N
Street Name: Spruce
Suffix: Street
State: MI
Zip Code: 49097
Zip (4): 1198

General Property Info

Lot Measurement: Acres
Lot Square Footage: 18731
Lot Acres: 0.42
Lot Dimensions: Irregular
Year Built: 1963
New Construction: No
Cert of Compliance: Yes
Road Frontage: Yes
Total # Units: 4
# of Diff Unit Floor Plans: Yes
Total # Bldgs: Yes
Total Parking Spaces: 8
Waterfront: No
School District: Vicksburg
Basement: No

Tax Info

Tax ID #: 15-18-151-002
Taxable Value: 101800
SEV: 101800
For Tax Year: 2025
Seller's Annual Property Tax: 2277
Tax Year: 2025
Homestead %: 25
Spec Assessment & Ty: none
Zoning: r-2

Remarks Misc

Directions: Located on Spruce Street between Pearl & Townline

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Terms Available

Land Contract Down Payment: 70000
Land Contract Interest Rate: 8%
Land Contract Monthly Payment: 2333
Land Contract Terms (# Months): 120
Cash: Yes
Conventional: Yes
FHA: Yes
Land Contract: Yes
VA Loan: Yes

Unit 1

Unit Description: Yes
SqFt: 500
Occupied: Yes
Monthly Rent: 975
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 2
SqFt: 500
Occupied: Yes
Monthly Rent: 880
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: 3
SqFt: 500
Occupied: No
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 0

Unit 4

Unit Description: 4
SqFt: 500
Occupied: Yes
Monthly Rent: 760
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Cross Streets: Pearl & Townline
Property Sub-Type: 2 to 4 Units
Municipality: Brady Twp
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Rare Turn-Key Investment Opportunity in Vicksburg! A truly exceptional addition to any portfolio, this property stands as the only 4-unit multi-family building in the entire Vicksburg area. Offering immediate, reliable cash flow, this turn-key investment is being sold with full occupancy already in place. Tenant demand is exceptionally high for this property, largely driven by the highly desirable single-story layout--all four units are entirely on one level, eliminating stairs and appealing to a remarkably broad pool of long-term renters. Situated on a generous lot just north of downtown, tenants enjoy the perfect balance of small-town charm and seamless access to local amenities and major commuter routes. With low vacancy history, solid bones, and predictable overhead, this unique income generator is ready to perform from day one. Schedule your private tour today.
Legal: VILLAGE OF VICKSBURG UNPLATTED NW1/4 SEC 18 COM NE COR LOT 42 WOOLVERTON REVISED ADDITION TO VILLAGE OF VICKS BURG TH N ALG W LI SPRUCE ST 66 FT TO BEG TH N 89 DEG 55 MIN 30 SC W 132 FT TH N PAR W LI SD ST 143 FT TH S 89 DEG 55 MIN 30 SC E 132 FT TH S ALG W LI SD ST 143 FT TO PL OF BEG .43 A

Util Avail at Street

Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Electric: Yes

Sale Conditions

None: Yes

Heat Type

Baseboard: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Trash: Yes

Substructure

Crawl Space: Yes

Owner Pays

Water: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Exterior Material: Vinyl Siding Roofing: Composition Substructure: Crawl Space Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water Owner Pays: Water Tenant Pays: Electric; Gas; Sewer; Trash Heat Source: Electric Heat Type: Baseboard Terms Available: Cash; Conventional; FHA; Land Contract; VA Loan Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None

Listing Office: Bellabay Realty LLC

Listing Agent: Dustin J Phillips

Last Updated: July - 18 - 2026

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