417 Locust Street Unit 1 & 2, Kalamazoo, MI 49007
- $199,900
- List Price
- $199,900
- Days on Market
- 95
- MLS#
- 26017298
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand. One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions. The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck. Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.
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Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $3,422
- Acres
- 0.10
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Kalamazoo
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 4
- Utilities
- Natural Gas Connected, Electricity Connected, Storm Sewer
- Water
- Public Water
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Listing courtesy of Listing Agent: Jessica A Lee from Listing Office: Keller Williams Kalamazoo Market Center.
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