MLS # 26014245 (Michigan Regional Information Center (MichRIC))

INVESTOR OPPORTUNITY! Three-unit income property generating approximately $2,500 per month in rental income, offered at $142,000. 40-Month Rental Certificate of Compliance. Property features a 2-bedroom, 1-bedroom, and studio unit with strong income potential and opportunity to increase cash flow. Convenient Kalamazoo location near downtown, shopping, and public transportation. Ideal value-add investment property for investors looking to build long-term rental income.
Source: SparkMLS
Final sale price: $137,500.
Estimated annual property tax: $1,068, or about $89 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
41742 ASSESSORS PLAT OF SOUTH SIDE ANNEX, LIBER 9 OF PLATS PAGE 3; LOT 23
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by James Jackson
Lockett-Jones Realty Group
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
458 Clinton Avenue, Kalamazoo, MI 49001
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Municipality
Kalamazoo
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