$109,000
For Sale

556 Phelps Avenue

Kalamazoo, MI 49048
Browse 19 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Discover this eastside duplex, perfectly situated close to downtown Kalamazoo and all the amenities the city has to offer. The property features two clean and move-in-ready units, each with its own unique charm. The downstairs unit boasts 2 bedrooms and 1 bathroom ($850/month) while the upstairs unit is a cozy 1 bedroom, 1 bathroom setup ($625/month). Each units comes with the refrigerator and the stove/oven.
This property is an excellent opportunity for investors looking to expand their portfolio or for those just beginning their real estate investment journey. Recent updates include a 7 year old high efficiency boiler, a 15 year old roof, replacement windows and durable vinyl siding. Don't miss out on this promising property! This property is being sold in as-is condition, with the seller making no repairs.

  • Property Details
      • Acres0.13
  • Construction Details
      • BasementMichigan Basement
      • Property TypeMulti-Family
    • Condition
      • Year Built1899
  • Utilities / Energy Details
      • Utility FeaturesPhone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electric
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictKalamazoo
      • CountyKalamazoo
  • Financial Details
      • Original List Price$110,000
      • Days on Market (Cumulative)95
  • Other
      • MLS #24043240

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00