413 Locust Street, Kalamazoo, MI 49007
$215,000 - Sold
- MLS#: 26020186
- Number of Units: 3
- Type: 2 to 4 Units
- School District: Kalamazoo
- County: Kalamazoo
- Taxing Authority: Kalamazoo City
- Year Built: 1886
- Basement: Yes
- Air: None
- Lot Size: 33x132
- Square Footage: 0
- Exterior: Vinyl Siding
- Water: Public Water4
- Acreage: .10
- Heat: Forced Air/Natural Gas
- PPN: 06-21-226-004
- Sewer: Public Sewer5
- Water Body: None
- Water Features: None
- Utilities Attached: Electricity Connected,Natural Gas Connected
- Utilities Available at Street: Electricity Available,High Speed Internet,Natural Gas Available,Public Sewer,Public Water
- Extras: None
- Lot Description:
- Frontage/Type: 33 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $230,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions:
- Property Description: This well-maintained tri-plex presents a compelling opportunity for both investors and owner-occupants. Live in the vacant unit while generating immediate income from the other two, or add a cash-flowing asset with built-in upside to your portfolio.Ideally located near Western Michigan University, Kalamazoo College, downtown, major hospitals, and the highly anticipated new arena, the property benefits from strong rental demand and long-term growth potential.The property includes one 2 bed/1 bath unit and two 1 bed/1 bath units. The 2 bed/1 bath is currently vacant, ideal for an owner-occupant or house hack. The two occupied units generate $875 and $995/month. The 2 bed has historically performed as a mid-term rental at $1,295-$1,600/month and can be sold furnished.Ample off-street parking and r
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