Steven MalloyBig Rapids Realty, REALTOR®

231-218-4605

418-420 Elm Street, Kalamazoo, MI 49007

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$189,900
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Kalamazoo
  • County Kalamazoo
  • Township Kalamazoo City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Michigan Basement
  • Garage  
  • Acreage 0.21
  • Heat Type Forced Air
  • Central Air  
  • Year Built 1913
  • Style  
  • Exterior  
  • Taxes  
  • SEV 91400
  • Zoning MULTI
  • Parcel 06-16-430-166
  • Lot Size 57.5X101.4

Features

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.

Listing Courtesy of Ahmed ''Ali'' Khalil - Real Broker, LLC

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