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Sandi Smith

Trillium Real Estate

[email protected] +1(734) 216-6414

$ 189,888

Est. payment -/mo

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1925 Douglas Avenue Kalamazoo, MI 49007

0.95 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Kalamazoo City

MLS Listing ID 25030398

Year Built 1902

Annual Tax Amount $2,922

Tax Year 2024

Lot Size 0.950 Acres

Acres 0.95

Lot Dimensions 66x627

Property Sub-Type 2 to 4 Units

Property Description

Great investment opportunity in Kalamazoo! This fully occupied triplex generates a total of $2,399/month in rental income: Unit 1 rents for $775, Unit 2 for $878, and Unit 3 for $746. Recent improvements include a new flat roof and updated decking at the rear of the building. Conveniently located with easy access to local amenities and transportation. Quick access to 131 and downtown Kalamazoo. Strong rental history and solid cash flow make this a great addition to any investor's portfolio.

Location

State MI

County Kalamazoo

Area Greater Kalamazoo - K

Direction Take US-131 South from Grand Rapids to Kalamazoo, exit onto Douglas Avenue via Business Route 131, and continue north to 1925 Douglas Avenue.

Rooms

Basement Full

Interior

Interior Features Broadband

Heating Forced Air

Fireplaces Number 1

Exterior

Parking Features Driveway, Gravel, Unpaved

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 6

Building

Lot Description Wooded

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Kalamazoo

Others

Tax ID 06-09-325-001

Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional, Tax Def Exchange

Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional, Tax Def Exchange

Listed by Coldwell Banker Realty