Overview
- 4 Bedrooms
- 2 Bathrooms
- 1,880 ft
- Year Built: 1900
Description
Amazing cash-flowing multi-family opportunity; Two separate homes on one parcel; Split utilities; Main home (616), has all of these big ticket items done in the last six years – new roof, furnace, water heater, updated electric, plumbing, and additional insulation; Hardwood floors; Lighted ceiling fans; Second house (614) updates the last six years include electrical, water heater, and flooring; Instant equity with 9.5% CAP rate at current rents and could be 11%+ increasing to market rents.
Leases ended 12/31/23 with rents totaling $1,475/mo.
Address: 616 Charlotte Ave, Kalamazoo, MI 49048, USA
City: Kalamazoo
County: Kalamazoo County
State: Michigan
Zip: 49048
Country: United States
Open In Google Maps
Property Id : 38940
Price: $ 115,000
Property Size: 1,880 ft
Bedrooms: 4
Bathrooms: 2
Property Type: Single-Family
Parking: Driveway
Year Built: 1900
Lot Size: 0.25 acres
Similar Listings
1
Active
Unparalleled Opportunity: Hollywood Hills Lu...
$ 2,775,000
🌟 Elevate Your Lifestyle with Breathtaking Views! 🌟 Distinctive Design, Panoramic Vistas, ...
12
Active
2Bed/1 Bath Condo! Chattanooga! Vacant!
$ 350,000
ASKING PRICE: $350K ARV: $650K CLICK TO VIEW ALL PHOTOS/DOCS/DROPBOX PROPERTY DETAILS 📌 2 ...
25
Active
IHS – Perfect (SubTo) Investment Oppor...
$ 65,000
Property Details: 4-Bedrooms, 2-Bathrooms, 2,000-SqFt, Built in 2021 Entry Fee: $65k + Clo ...
51
Active
🔥🏡 Independence Buy and Hold 🏡🔥
$ 90,000
🛠️ BUY AND HOLD OPPORTUNITY 💰 11444 E 15th St S, Independence, MO 64052 PROPERTY DETAILS: ...