425 Douglas Avenue Kalamazoo, MI $ 315,000
425 Douglas Avenue
$ 315,000
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425 Douglas Avenue

Kalamazoo, MI, 49007
$ 315,000
Baths0.0

Monthly Estimate*

$ 2,200

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $315,000. This home was built in 1924 on a lot size of 0.15.

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 a prime 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 community and a lifestyle of convenience and connectivity. Step into a world of opportunity with this multifamily gem.

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Multi-Family Pending

Price

$ 315,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,676

Style

2 to 4 Units

Lot Size

0.15

Year Built

1924

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

24015589

Features
General
Sewer Public Sewer
Heating Radiant Hot Water Natural Gas
Cooling Window Unit(s)
Utilities Public Water Available Public Sewer Available Natural Gas Available Electric Available Natural Gas Connected Electric Connected
Construction Materials Brick
Year Built 1924
Tenant Pays Electric Trash Collection Gas
Property SubType 2 to 4 Units
Tax Year 2023
County Kalamazoo
New Construction N
Property Type Multi-Family
Status Pending
Directions Kalamazoo to Douglas to home on Left
City Kalamazoo
High School District Kalamazoo
Total Units 2
MLS Area Greater Kalamazoo - K
Lot Size Square Feet 6534.0
Waterfront Y/N N
Street Name Douglas
Land Lease Y/N N
Tax Annual Amount 6676.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 4
Standard Status Pending
Tax Assessed Value 93415
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
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Total Parking 10.0
Lot Size Area 0.15
Number of Buildings 1
Spa N
Lot Dimensions 43x144
Lot Size Acres 0.15
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 425
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* Excluded Features
List By
Zac Folsom Group

Broker

info@zacfolsom.com

Email

Affordability Calculator

$2,757
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,200
Monthly Property Taxes
$556
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
251492 Elementary School
248593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$315,000 Listed Price

Map


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425 Douglas Avenue, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $315,000 with a lot size of 0.15. 425 Douglas Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 49007 which is in Kalamazoo, MI