Kalamazoo, MI 49007,425 Douglas Avenue
See all 23 photos
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: ?

For more information regarding the value of a property, please contact us for a free consultation.

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

MLS Listing ID 24015589

Year Built 1924

Annual Tax Amount $6,676

Tax Year 2023

Lot Size 6,534 Sqft

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

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

Waterfront No

View Y/N No

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Kalamazoo

Others

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Zac Folsom Group

Karen Austin

Broker Associate

+1(517) 290-4493

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.