418-420 Elm Street, Kalamazoo, Michigan, 49007
0.21 Acres
5 bd
#26023751
** 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.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Paved
- Parking Total: 3
- Zoning Description : MULTI
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Wood Siding
- Roof: Composition
- Road Surface Type: Paved
- Basement on Property:
PROPERTY DETAILS
ID: 26023751
Status: Active
Price: $184,900
Acres: 0.21 Acres
Price Per Acre: $880,476
Type: Multi-family
Address: 418-420 Elm Street
City, State: Kalamazoo, Michigan
County: Kalamazoo
Zip Code: 49007
Lat/Long: 42.295043, -85.59389
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