$345,000
For Sale

612 Douglas Avenue

Kalamazoo, MI 49007
Browse 17 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Welcome to your next investment opportunity! This prime multifamily property, located conveniently close to K College and Western Michigan University, offers immense potential for both seasoned and new investors. Each of the four units is generously sized, providing comfortable living spaces that are sure to attract tenants. Perfect for students, professionals, or families, these units offer a mix of convenience and comfort.With its prime location near two major educational institutions, the demand for rental units in this area is consistently high, maximizing your rental income potential. Enjoy peace of mind knowing that a brand-new roof will be installed in the summer of 2024, ensuring durability and reducing maintenance costs for years to come. The property includes ample parkingparking spaces, a valuable feature that adds to the appeal for tenants who own vehicles.
This property is turnkey and ready for a new investor. Whether you're looking to expand your portfolio or make your first investment, this multifamily home offers ease of management and immediate rental income opportunities. Don't miss out on this exceptional property that combines prime location, strong rental demand, and excellent future prospects. Contact us today to schedule a viewing and take the first step towards your next successful investment!

  • Property Details
      • Property TypeMulti-Family
      • MLS #66024036572
      • Property SubtypeMultifamily
      • MLS #66024036572
      • Parcel Number0616265024
      • School DistrictKalamazoo
      • CountyKalamazoo
      • RegionKalamazoo
      • Original List Price$345,000
      • HeatingRadiant
      • Short SaleUnknown
      • Cost345000
      • Year Built1905

Location

Slater Signature HomesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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