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About This Home
This 5-bedroom, 0-bathroom residential multi family at 417 Locust Street in Kalamazoo, MI is listed for $199,900. Built in 1905, on a 0.10 acres lot.
Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand. One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions.
The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck. Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.
Key Features
- Built in 1905
- 0.10 acre lot
- 4 parking spaces
Property Details
Monthly Cost Estimate
$1,069/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
417 Locust Street
Kalamazoo, MI 49007
Property Details
Construction
Heating
Questions & Answers
This 5-bedroom, 0-bathroom residential multi family at 417 Locust Street is listed at $199,900. The estimated monthly payment is $866 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.10 acre lot, 4 parking spaces.
This property is listed by Jessica A Lee and can be reached at 2692542476 or jatreat@hotmail.com.
