Live in one unit and rent the other to offset or cover your mortgage-don't miss this opportunity! Multi family duplex. Excellent opportunity for owner-occupants or investors! This well-maintained duplex offers 2 updated 2 bed / 1 bath units with separate entrances, private laundry in each unit, and strong rental history. Both units feature new flooring, fresh paint, and updated light fixtures. Bottom unit has a new water heater. Roof replaced in 2021.
Enjoy a large shared backyard with individual storage sheds for each unit, along with ample off-street parking (8+ spaces). The parking area is well-lit with a dusk-to-dawn security light for added visibility and peace of mind. Conveniently located just minutes from I-94 for an easy commute and close to Northeastern Elementary, Linden Grove Middle, and Kalamazoo Central High. Rental Income Potential: Up to $2,600/month.
Past rents: $1,200-$1,300 per unit with utilities billed back to tenants.
Estimated Mortgage: $1,214-$1,667/month depending on financing.
Call Amanda with any questions or to set up a showing 269-267-1848.
Active
$259,900
1516 Nazareth Rd, Kalamazoo, MI 49048
4beds
2baths
1,600sqft
Est.:
2 to 4 Units
Built in 1969
-- sqft lot
$258,900 Zestimate®
$162/sqft
$-- HOA
What's special
Large shared backyardFresh paintUpdated light fixturesAmple off-street parkingNew flooring
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