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418420 Elm Street

Kalamazoo MI 49007

2386 sq. ft.
0.21 ac.
Multi-Family
Currently for sale - view listing

Overview

** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 01/30/2027 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.

Features

2386 sq. ft. floor area
0.21 ac. lot size
Multi-Family

Happy sellers in Kalamazoo

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We have insufficient information to provide an overview of customer satisfaction for Kalamazoo. Viewing the agent profiles, reviews and sales for Kalamazoo can provide insights for this location.

Local market activity for multi families in Kalamazoo

In the last 12 months, 21 multi families similar to 418420 Elm Street, have been sold.

This represents a 52% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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