1516 Nazareth RD Active

Kalamazoo,MI 49048

$ 245900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 66025053392

Year Built 1969

Lot Size 0.490 Acres

Property Sub-Type MultiFamily

Property Description

Live in one unit and rent the other to offset or cover your mortgage-don't miss this opportunity! Multi family duplex. Excellent opportunity for owner-occupants or investors! This well-maintained duplex offers 2 updated 2 bed / 1 bath units with separate entrances, private laundry in each unit, and strong rental history. Both units feature new flooring, fresh paint, and updated light fixtures. Bottom unit has a new water heater. Roof replaced in 2021.Enjoy a large shared backyard with individual storage sheds for each unit, along with ample off-street parking (8+ spaces). The parking area is well-lit with a dusk-to-dawn security light for added visibility and peace of mind. Conveniently located just minutes from I-94 for an easy commute and close to Northeastern Elementary, Linden Grove Middle, and Kalamazoo Central High.Rental Income Potential: Up to $2,600/month.
Past rents: $1,200-$1,300 per unit with utilities billed back to tenants.
Estimated Mortgage: $1,214-$1,667/month depending on financing.
Call Amanda with any questions or to set up a showing 269-267-1848.

Location

State MI

County Kalamazoo

Area Area39061Kalamazootwp

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Laundry InUnit

Exterior

Parking Features Gravel

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level,Tillable

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Kalamazoo

School District Kalamazoo

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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