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417 Locust Street Kalamazoo, MI 49007-5124
4,356 Sqft Lot
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70526985
Year Built 1905
Annual Tax Amount $3,422
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 33X132
Property Sub-Type Multi-Family
Property Description
Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand.One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions. The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income.Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck.Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Exterior
Exterior Feature Brick, Wood
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Brick,Wood
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Kalamazoo Market Center