418-420 Elm Street,Kalamazoo, MI 49007
Kalamazoo, MI 49007
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.
Details
| MLS # | 26023751 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 148 |
| Listing Provided By | Real Broker, LLC | Ahmed ''Ali'' Khalil |
Features
| Basement | Y |
|---|---|
| Units | 2 |
| Building(s) | 1 |
| Zoning | MULTI |
| Acreage | 0.21 |
Taxes
| Property | 3300 |
|---|
Area Information
| State | MI |
|---|---|
| County | Kalamazoo |
| City | Kalamazoo |
| Zip Code | 49007 |
| School District | Kalamazoo |
| High School | Kalamazoo |
| Listing VS Median (in 49007) | |
Price: $184,900 low | high Med: $59,950 On site: 148 low | high Med: 190.5 | |
Market Activity 49007
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Learn More About This Property
| State | MI |
|---|---|
| County | Kalamazoo |
| City | Kalamazoo |
| Zip Code | 49007 |
| School District | Kalamazoo |
| High School | Kalamazoo |
| Listing VS Median (in 49007) | |
Price: $184,900 low | high Med: $59,950 On site: 148 low | high Med: 190.5 | |
