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Zac L Folsom
Zac Folsom Group
269-241-3493
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
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Cooling: Window Unit(s)
Heating: Hot Water,Radiant
Heating Fuel: Natural Gas
Year Built: 1924
Total Units: 2
Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Public (Municipal),Water at Street
Lot Size: 0.15
Lot Dimensions: 43x144
Frontage Feet: 44
Financing: Cash,Conventional,FHA,VA
Original List Price: $315,000
Legal Description: 5173, 5174 BEGINNING ON THE WEST LINE OF DOUGLAS AVENUE 108FT SOUTH OF THE SOUTH LINE OF FORBES STREET; THENCE WEST 104.8FT; THENCE NORTH 1.65FT; THENCE WEST 43.7FT; THENCE SOUTH 45.15FT; THENCE EAST 148.5FT TO SAID WEST LINE; THENCE NORTH 43.5FT ALO NG SAID WEST LINE TO THE POINT OF BEGINNING.
Annual Tax: $6,676
Parcel Number: 0616334008
Legal Description: Section: 5173, 5174 BEGINNING ON THE WEST LINE OF DOUGLAS AVENUE 108FT SOUTH OF THE SOUTH LINE OF FORBES STREET; THENCE WEST 104.8FT; THENCE NORTH 1.65FT; THENCE WEST 43.7FT; THENCE SOUTH 45.15FT; THENCE EAST 148.5FT TO SAID WEST LINE; THENCE NORTH 43.5FT ALO NG SAID WEST LINE TO THE POINT OF BEGINNING.
Parking: 10
# of Bedrooms: 2
School District: Kalamazoo
Water:Public (Municipal),Water at Street
Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
935 W Lovell Street, Kalamazoo, MI,49007 | $163,000 | 6 | 4 | 2,633 | 0.13 Acre |
422 Elm Street, Kalamazoo, MI,49007 | $169,000 | 5 | 2 | 1,974 | 0.12 Acre |
801 N Park Street , Kalamazoo, MI,49007 | $45,000 | -- | -- | -- | 0.13 Acre |
145 E Paterson Street, Kalamazoo, MI,49007 | $50,000 | 3 | 1 | 1,146 | 0.1 Acre |
629 Davis Street , Kalamazoo, MI,49007 | $155,000 | 4 | 1.5 | 1,583 | 0.13 Acre |
510 Ada Street, Kalamazoo, MI,49007 | $86,500 | 2 | 1 | 868 | 0.15 Acre |
512 Douglas Avenue , Kalamazoo, MI,49007 | $118,000 | 4 | 3 | 2,166 | 0.28 Acre |
512 Douglas Avenue, Kalamazoo, MI,49007 | $118,000 | 4 | 3 | 2,166 | 0.28 Acre |
222 N Kalamazoo Mall .., Kalamazoo, MI,49007 | $235,000 | 1 | 1 | 834 | 0.28 Acre |
222 N Kalamazoo Mall #260, Kalamazoo, MI,49007 | $235,000 | 1 | 1 | 834 | 0.28 Acre |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 05/04/2024 @ 14:30
MLS: 604289732
LISTED BY: Zac L Folsom , Zac Folsom Group
SOURCE: Realcomp II Ltd
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.