$315,000 $1,691 est/mo Sourced by Back At You

425 Douglas Avenue,Kalamazoo, MI 49007

Kalamazoo MI, 49007

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Description

Discover an exceptional opportunity in the vibrant heart of Kalamazoo, where multifamily living meets modern convenience and timeless design. This beautifully designed duplex, with the potential to transform back into a triplex, presents a unique investment opportunity or an ideal scenario for those looking to delve into house hacking. Each unit within this remarkable property spans over 1600 square feet, offering spacious 3-bedroom, 1-bathroom layouts that defy the expectations of typical rental accommodations. Far from the choppy floor plans often found in the area, these units feature seamless, well-thought-out spaces that promise comfort and privacy for occupants. Situated within walking distance of K College and its renowned tennis courts, this duplex not only enjoys a prime location but also boasts incredible rental potential, especially if leased by the bedroom. It's an investor's dream, with the added appeal of catering to the vibrant student and young professional community in Kalamazoo. Inside, the property doesn't shy away from modern advancements. Equipped with new German-engineered boilers, residents can enjoy precise temperature control directly from their smartphones, ensuring comfort throughout the changing seasons. The property also features a newer roof, an updated 3-car detached garage, and a charming brick exterior that exudes timeless elegance. Currently, the home is fully tenanted, with the upstairs lease concluding in the summertime. This timing is perfect for those looking to step into the landlord role with minimal vacancy or for an investor aiming to optimize rental income. The existing tenants underscore the property's appeal and its readiness as a turn-key investment. In essence, this duplex offers more than just a living space; it's a smart investment in one of Kalamazoo's most sought-after locations. Whether you're an investor looking to expand your portfolio or someone exploring the advantages of house hacking, this property promises not just returns, but a gateway to a vibrant community and a lifestyle of convenience and connectivity. Step into a world of opportunity with this multifamily gem.

Details

MLS#24015589
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1924
Days On Site12
Listing Provided ByZac Folsom Group | Zac L Folsom

Features

BasementY
Units2
Building(s)1
Acreage0.15

Market Activity 49007

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center.

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Learn More About This Property

StateMI
CountyKalamazoo
CityKalamazoo
Zip Code49007
AreaGreater Kalamazoo K
SubareaK
School DistrictKalamazoo
Listing VS Median (in 49007)
Price:
$315,000
low | high
Med:
$19
100% of Average
On Site:
12
low | high
Med:
41
29.268292682927% of Average
Sourced by Back At You
Listing Updated: April 7, 2024 at 12:30:59 PM PDT
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