• 425 Douglas Avenue Kalamazoo, Michigan 49007

  • $315,000
  • 6
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.15
    Acre

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

Property Type :

Multifamily

County :

Kalamazoo

Style :

Multifamily

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Property Details

 

Heating & Cooling

Cooling: Window Unit(s)

Heating: Hot Water,Radiant

Heating Fuel: Natural Gas

Building Information

Year Built: 1924

Total Units: 2

Utility Features

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

Water

Public (Municipal),Water at Street

Lot Information

Lot Size: 0.15

Lot Dimensions: 43x144

Frontage Feet: 44

Property Information

Financing: Cash,Conventional,FHA,VA

Listing Price Information

Original List Price: $315,000

Listing Information

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.

Tax Information

Annual Tax: $6,676

Parcel Number: 0616334008

Legal Information

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 Information

Parking: 10

Unit 3 Information

# of Bedrooms: 2

School Information

School District: Kalamazoo

Utility Information

Water:Public (Municipal),Water at Street

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

Nearby Home Value

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
MLS Logo

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.

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