417 Locust Street 1 & 2,Kalamazoo, MI 49007
Kalamazoo, MI 49007
Description
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.
Details
| MLS # | 26017298 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 176 |
| Listing Provided By | KW Aspire | Jessica A Lee |
Features
| Basement | Y |
|---|---|
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.10 |
Taxes
| Property | 3422 |
|---|
Area Information
| State | MI |
|---|---|
| County | Kalamazoo |
| City | Kalamazoo |
| Zip Code | 49007 |
| School District | Kalamazoo |
| High School | Kalamazoo |
| Listing VS Median (in 49007) | |
Price: $199,900 low | high Med: $59,950 On site: 176 low | high Med: 190.5 | |
Market Activity 49007
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Learn More About This Property
| State | MI |
|---|---|
| County | Kalamazoo |
| City | Kalamazoo |
| Zip Code | 49007 |
| School District | Kalamazoo |
| High School | Kalamazoo |
| Listing VS Median (in 49007) | |
Price: $199,900 low | high Med: $59,950 On site: 176 low | high Med: 190.5 | |
