2 to 4 Units

duplex for sale

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Listed: 02/13/23

429 Davis Street, Kalamazoo, MI 49007, USA

6 Bed:

3 Bath:

2,865 Sq Ft Living Area:

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Price

$ 245,000

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About This Duplex

Don't miss this cash flow opportunity! Fully rented 3 unit in the Vine Neighborhood of Kalamazoo. Close to WMU and Kalamazoo College, shopping and dining. Unit 1 is rented month to month so there is an option for an owner occupant to take over. Live for free while the rental income covers your mortgage! Gross annual rents come to$28, 000.Laundry offers additional income, around $1000/year. All units have been renovated over the last 5 years totaling$67, 500in updates. Separate gas and electricmeters. Full inspection report, pro forma and list of all work done available. Tenants are very accommodating, call to schedule your private tour today!

Property Includes

Parking
Student Friendly
Heating Forced Air
Fuel Heating Natural Gas

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Duplexes for sale in Kalamazoo

Kalamazoo Housing & Living

Household Income

Median household income: $37,438

Number of households: 28,996

The average household income in Kalamazoo, MI grew from $34,767 to $37,438 in the past year. This data is an estimate based upon 28,996 households in Kalamazoo, MI.
The chart below presents how household income is distributed in Kalamazoo, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Kalamazoo, MI compared to median property taxes around the country. The prevalent amount of property taxes in Kalamazoo, MI equals $3k+ , which is less than the national average.