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$189,900
Est. payment /mo
2,386 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,386 sqft
Price per Sqft $79
MLS Listing ID 66026023751
Year Built 1913
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type MultiFamily
Property Description
** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 01/30/2027 Excellent opportunity to add a strong cash-flowing duplex to your investment portfolio! This well-positioned property at 418-420 Elm Street in Kalamazoo features two spacious units with reliable rental income already in place. Unit 418 offers a 2-bedroom layout currently rented for $800/month, while Unit 420 features a larger 3-bedroom layout bringing in $1,200/month. Newer roof; newer furnaces and water heaters.Each tenant pays electric and gas. With separate living spaces and solid income potential, this property is ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental revenue. Conveniently located near downtown, shopping, dining, and local amenities, this duplex offers a great combination of value, opportunity, and long-term upside.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Foundation MichiganBasement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Contract, Conventional, FHA, VaLoan
Listing Terms Cash, Contract, Conventional, FHA, VaLoan
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Listed by Ahmed ''Ali'' Khalil of Real Broker, LLC
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