15
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$172,500
Est. payment /mo
1,512 SqFt
Pending
1514 Jefferson Avenue Kalamazoo, MI 49006-3192
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $114
Subdivision Mi
MLS Listing ID 70498878
Year Built 1900
Annual Tax Amount $3,099
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 62 x 132
Property Sub-Type Multi-Family
Property Description
Discover this well-maintained duplex ideally located near Western Michigan University and Kalamazoo College. Situated on a peaceful, tree-lined street, this property offers an excellent opportunity for owner-occupants or investors. The property has been thoughtfully updated with new flooring throughout, modern kitchen cabinets and countertops, new windows, and completely remodeled bathrooms in both units. Each unit comes fully equipped with its own washer and dryer, oven, and refrigerator. The rear unit features a spacious deck and the front unit offers a welcoming covered patio. One unit is currently rented at $1,100 per month, while the second unit is vacant and was previously leased at the same rate of $1,100 monthly. This turnkey property presents multiple options: live in the vacant unit while collecting rent from the occupied one, or lease both units to generate $2,200 in monthly income. With recent renovations complete and strong rental demand from nearby universities,
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Aluminum
Building
Lot Description Wooded
Foundation Basement
Structure Type Aluminum
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Keystone Home Group Realty LLC