6
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$199,900
Est. payment /mo
4,356 Sqft Lot
Active
417 Locust ST #1 & 2 Kalamazoo City, MI 49007
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66026017298
Year Built 1905
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand.One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions. The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income.Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck.Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer, Sewer At Street, Storm Drain
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jessica A Lee of Keller Williams Kalamazoo Market Center
NEARBY SCHOOL & BUSINESS
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