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$ 245,900
Est. payment /mo
Active
1516 Nazareth RD Kalamazoo, MI 49048
0.49 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66025053392
Year Built 1969
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type MultiFamily
Property Description
Live in one unit and rent the other to offset or cover your mortgage-don't miss this opportunity! Multi family duplex. Excellent opportunity for owner-occupants or investors! This well-maintained duplex offers 2 updated 2 bed / 1 bath units with separate entrances, private laundry in each unit, and strong rental history. Both units feature new flooring, fresh paint, and updated light fixtures. Bottom unit has a new water heater. Roof replaced in 2021.Enjoy a large shared backyard with individual storage sheds for each unit, along with ample off-street parking (8+ spaces). The parking area is well-lit with a dusk-to-dawn security light for added visibility and peace of mind. Conveniently located just minutes from I-94 for an easy commute and close to Northeastern Elementary, Linden Grove Middle, and Kalamazoo Central High.Rental Income Potential: Up to $2,600/month.
Past rents: $1,200-$1,300 per unit with utilities billed back to tenants.
Estimated Mortgage: $1,214-$1,667/month depending on financing.
Call Amanda with any questions or to set up a showing 269-267-1848.
Past rents: $1,200-$1,300 per unit with utilities billed back to tenants.
Estimated Mortgage: $1,214-$1,667/month depending on financing.
Call Amanda with any questions or to set up a showing 269-267-1848.
Location
State MI
County Kalamazoo
Area Area39061Kalamazootwp
Rooms
Basement Daylight
Interior
Interior Features Storage
Heating ForcedAir, NaturalGas
Cooling CentralAir
Fireplace No
Laundry InUnit
Exterior
Parking Features Gravel
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Lot Description Level, Tillable
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Kalamazoo
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Amanda M Atwood of Five Star Real Estate
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