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Justyn Nixon

justyn@nixonpropertygroup.com +1(248) 830-1336

$ 125,000

Est. payment | -/mo

4 Beds

2 Baths

1,148 SqFt

Save

$ 125,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,148 SqFt

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,148 sqft

Price per Sqft $108

MLS Listing ID 65026045691

Style Traditional

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1911

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type SingleFamilyResidence

Property Description

Income-producing 4-bedroom, 1-bath Kalamazoo rental offering approximately 1,250 square feet of living space. Currently rented for $1,500 per month with an existing month-to-month tenant, providing immediate income and flexibility for the next owner. The tenant pays gas and electric, while the landlord pays water and sewer. Newer appliances were installed within approximately the last 2-3 years, and the garage was professionally scraped and painted during the same period. Conveniently located near Bronson Methodist Hospital, downtown Kalamazoo, shopping, parks and major roadways. With $18,000 in current annual gross rent and an attractive rent-to-purchase-price relationship, this established rental offers a compelling addition to an investment portfolio.

Location

State MI

County Kalamazoo

Area Area39062Kalamazoo

Rooms

Basement Full

Upper Level BathFull

Main Level BathLav

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fans

Flooring Carpet, Tile, Wood

Fireplace No

Laundry None

Exterior

Parking Features Detached, Paved, SeeRemarks, SharedDriveway

Garage Spaces 1.0

Community Features Sidewalks

View Y/N No

Roof Type Shingle

Garage true

Building

Lot Description Level

Foundation Basement

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Kalamazoo

Others

Acceptable Financing Cash, Conventional, MSHDA, Other

Listing Terms Cash, Conventional, MSHDA, Other

Listed by Justin M Rinks of Century 21 Affiliated (GR)

Schools and Properties Nearby

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1612 Hays Park AVE Kalamazoo City, MI 49001