418-420 Elm Street, Kalamazoo, MI 49007
- $189,900
- List Price
- $189,900
- Days on Market
- 67
- MLS#
- 26023751
- Status
- ACTIVE
- 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.
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Additional Information
- Owner Pays
- Water
- Taxes
- $3,300
- Acres
- 0.21
- Basement
- Michigan Basement
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Kalamazoo
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 3
- Utilities
- Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Ahmed ''Ali'' Khalil from Listing Office: Real Broker, LLC.
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