1514 Jefferson Avenue Pending

Kalamazoo,MI 49006

$ 172500

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 25052228

Year Built 1900

Annual Tax Amount $3,099

Tax Year 2024

Lot Size 8,276 Sqft

Property Sub-Type 2 to 4 Units

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, this duplex is ready for its next owner.

Property has a 40 month city certified rental certificate expiring 8/27/2028. this duplex is ready for its next owner.

Property has a 40 month city certified rental certificate expiring 8/27/2028.

Location

State MI

County Kalamazoo

Area Greater Kalamazoo - K

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features Driveway,Gravel

Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected

View Y/N No

Roof Type Composition

Building

Lot Description Wooded

Sewer Public Sewer

Structure Type Aluminum Siding

New Construction No

Schools

School District Kalamazoo

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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