418-420 Elm ST, Kalamazoo City, MI 49007
418-420 Elm ST, Kalamazoo City, MI 49007
418-420 Elm ST, Kalamazoo City, MI 49007
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$189,900
Est. payment /mo
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2,386 SqFt
New

418-420 Elm ST Kalamazoo City, MI 49007

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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

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, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan


Realcomp MLS
Listed by Ahmed ''Ali'' Khalil of Real Broker, LLC

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418-420 Elm ST