Kalamazoo, MI 49048 556 Phelps Avenue
$105,000
14 more
Presented By: Ashley E Sayles at Berkshire Hathaway HomeServices MI - (269) 342-5600
Home Details
Discover this eastside duplex, perfectly situated close to downtown Kalamazoo and all the amenities the city has to offer. The property features two clean and move-in-ready units, each with its own unique charm. The downstairs unit boasts 2 bedrooms and 1 bathroom ($850/month) while the upstairs unit is a cozy 1 bedroom, 1 bathroom setup ($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! This property is being sold in as-is condition, with the seller making no repairs.
Presented By: Ashley E Sayles at Berkshire Hathaway HomeServices MI - (269) 342-5600
Interior Features for 556 Phelps Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementMichigan Basement
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 556 Phelps Avenue
Additional Parcels Y/NNo
Attached Garage No
CityKalamazoo
Construction MaterialsVinyl Siding
CoolingNone
CountyKalamazoo
DirectionsFrom the intersection of Riverview Drive & Gull Road, drive south on Riverview Drive for .3 miles, then turn left onto E Michigan Avenue. Drive east on E Michigan Avenue for .2 miles, then turn left ont
Electric On Property Y/NNo
HeatingBaseboard, Hot Water
High School DistrictKalamazoo
Land Lease Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5489.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-24T15:29:05Z
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeTenant
OwnerPaysWater, Sewer
PossessionSubject To Tenant Rights
Property SubType2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2715.14
Tax Assessed Value39359
Tax Year2024
Tenant PaysElectric
TermsCash, Conventional
TownshipKalamazoo City
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
Waterfront Y/NNo
Year Built1899
Exterior for 556 Phelps Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions46 ft. x 122 ft.
Lot Size Acres0.13
Lot Size Area0.13
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesPaved
SpaNo
Total Parking2.0
Additional Details
Price History
Melissa Robinson
Broker