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SOLD
$280,000
Date 06/30/2023

2863 E D Avenue
Kalamazoo, MI 49009

Single Family, Ranch
Residential
4
Beds
2
Baths
1,800
Sq. Ft.
1
Acre Lot
Courtesy: Kelli Scheffers - eXp Realty LLC
Lighthouse Realty> Michigan> Kalamazoo> 49009
Are you ready to begin on a path to real estate investing? Looking for a home ideal for shared living? This duplex presents an exceptional opportunity for homeownership and potential income generation. This well-maintained duplex boasts two identical units, each with separate entrances, garages, and a privacy wall in the backyard, ensuring a sense of exclusivity and privacy for everyone. With a spacious and open backyard that overlooks a serene wooded meadow, everyone enjoys ample space and tranquility. Each unit features two bedrooms, a well-appointed bathroom, an open kitchen & eating area, and a main floor laundry providing comfortable living quarters. One of the units in this duplex is currently a successful rental, offering an excellent opportunity for additional income. Recent improvements to both units include new flooring, lighting, painting throughout, updated kitchens with concrete countertops, and new vertical siding on the front. Left unit also has updated bath with tiled shower, new water heater and hot tub in 2020. The average monthly income derived from the property ranges from $2,500 to $3,000. It's important to note that the property is currently booked through September, highlighting its desirability and potential for steady rental income. However, the decision to continue with the rentals is entirely at the discretion of the buyer and is not a requirement. In addition to the enticing income opportunities this duplex offers an open layout, modern amenities, and a convenient location between Kalamazoo and Grand Rapids. Whether you prefer to live in one unit and rent out the other or explore the potential for long-term rental income, this property provides limitless possibilities.
23017827
Residential - Single Family, Ranch, Ranch, 1 Story
4
2 Full
2003
Kalamazoo
1 Acres
Well
1
Vinyl siding
Septic System
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Kelli Scheffers - eXp Realty LLC
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