556 Phelps Avenue Active

Kalamazoo,MI 49048

$ 103000

2 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 66024043240

Bedrooms 2

Originating Board Greater Kalamazoo Association of REALTORS®

Year Built 1899

Annual Tax Amount $2,715

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 46 ft. x 122 ft.

Property Description

Discover this eastside duplex, perfectly situated close to downtown Kalamazoo and all the amenities the city has to offer. The property features two units, each with its own unique charm. The downstairs unit is beautifully updated & boasts 2 bedrooms and 1 bathroom ($850/month). The upstairs unit is a cozy 1 bedroom, 1 bathroom that could use a little TLC to make it shine (previously rented at $625/month). Each units comes with the refrigerator and the stove/oven.This property is an excellent opportunity for investors looking to expand their portfolio or for those just beginning their real estate investment journey. Recent updates include a 7 year old high efficiency boiler, a 15 year old roof, replacement windows and durable vinyl siding. Don't miss out on this promising property!This property is being sold in as-is condition, with the seller making no repairs.

Location

State MI

County Kalamazoo

Area Kalamazoo

Direction From the intersection of Riverview Drive & Gull Road, drive south on Riverview Drive for .3 miles, then turn left onto E Michigan Avenue. Drive east on E Michigan Avenue for .2 miles, then turn left onto E Main Street. Drive east on E Main Street for .3 miles, then take a right onto Phelps Avenue. In 150 feet, the house will be on your left.

Interior

Heating Baseboard,Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Waterfront no

Roof Type Composition

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal),Water at Street

Structure Type Vinyl

Schools

School District Kalamazoo

Others

Pets Allowed Yes

Tax ID 390614261009

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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