Kalamazoo, MI 49007,425 Douglas Avenue

$310,000

$315,000

1.6%
Est.Price: ?

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Est. payment /mo

2 Beds

6,534 Sqft Lot


SOLD DATE : 05/08/2024

Key Details

Sold Price $310,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 66024015589

Sold Date 05/08/24

Bedrooms 2

Originating Board Greater Kalamazoo Association of REALTORS®

Year Built 1924

Annual Tax Amount $6,676

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 43x144

Property 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 aprime 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 comm

Location

State MI

County Kalamazoo

Area Kalamazoo

Direction Kalamazoo to Douglas to home on Left

Interior

Heating Hot Water, Radiant

Cooling Window Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Pool No

Waterfront no

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Kalamazoo

Others

Pets Allowed Yes

Tax ID 0616334008

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

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Realcomp MLS
Listed by Zac Folsom Group
Bought with Zac Folsom Group
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