$92,000
$101,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
556 Phelps Avenue Kalamazoo, MI 49048
5,662 Sqft Lot
Key Details
Sold Price $92,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70425687
Sold Date 04/18/25
Year Built 1899
Annual Tax Amount $2,715
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 46 ft. x 122 ft.
Property Sub-Type Multi-Family
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 units, each with its own unique charm. The downstairs unit is beautifully updated & boasts 2 bedrooms and 1 bathroom ($850/month). The upstairs unit is a cozy 1 bedroom, 1 bathroom that could use a little TLC to make it shine (previously rented at $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!
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Rooms
Basement MI Basement
Interior
Heating Baseboard, Hot Water
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Carmac Realty