$103,000
Active

556 Phelps Avenue

Kalamazoo, MI 49048
Browse 19 photos
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 units, each with its own unique charm. The downstairs unit is beautifully updated & boasts 2 bedrooms and 1 bathroom ($850/month). The upstairs unit is a cozy 1 bedroom, 1 bathroom that could use a little TLC to make it shine (previously rented at $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
      • Utility FeaturesPhone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Se
      • BasementMichigan Basement
      • Sewer InformationPublic Sewer
      • Property Subtype2 to 4 Units
      • School DistrictKalamazoo
      • CountyKalamazoo
      • Original List Price$110,000
      • MLS #24043240
      • MLS #24043240
      • Cost103000
      • Acres0.13
      • Year Built1899
      • Days on Market (Cumulative)188

Location

Workhorse Realty LLCReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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
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