Kalamazoo, MI 49007,425 Douglas Avenue
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Kalamazoo, MI 49007,425 Douglas Avenue
Kalamazoo, MI 49007,425 Douglas Avenue
Kalamazoo, MI 49007,425 Douglas Avenue
Kalamazoo, MI 49007,425 Douglas Avenue

$310,000

Est. payment /mo

$315,000

1.6%
Est.Price: ?

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425 Douglas Avenue Kalamazoo, MI 49007

6,534 Sqft Lot

SOLD DATE : 05/08/2024

Key Details

Sold Price $310,000

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Sold

Purchase Type For Sale

Municipality Kalamazoo City

MLS Listing ID 24015589

Sold Date 05/08/24

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1924

Annual Tax Amount $6,676

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 43x144

Property Description

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. 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.

Location

State MI

County Kalamazoo

Area Greater Kalamazoo - K

Direction Kalamazoo to Douglas to home on Left

Rooms

Basement Full

Interior

Heating Radiant, Hot Water, Natural Gas

Cooling Window Unit(s)

Fireplaces Number 1

Exterior

Utilities Available Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected

View Y/N No

Total Parking Spaces 10

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Kalamazoo

Others

Tax ID 06-16-334-008

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

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Listed by Zac Folsom Group

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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