556 Phelps Avenue Active Save Request In-Person Tour Request Virtual Tour
Kalamazoo,MI 49048
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Kalamazoo City
MLS Listing ID 24043240
Year Built 1899
Annual Tax Amount $2,715
Tax Year 2024
Lot Size 5,489 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 clean and move-in-ready units, each with its own unique charm. The downstairs unit boasts 2 bedrooms and 1 bathroom ($850/month) while the upstairs unit is a cozy 1 bedroom, 1 bathroom setup ($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 Greater Kalamazoo - K
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.
Rooms
Basement Michigan Basement
Interior
Heating Baseboard,Hot Water
Cooling None
Fireplaces Number 1
Exterior
Garage Paved
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available
Waterfront No
View Y/N No
Roof Type Composition
Parking Type Paved
Total Parking Spaces 2
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Kalamazoo
Others
Tax ID 390614261009
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional