MI > Kalamazoo > Fletchers Addition
Kalamazoo, MI 49007,1208 Princeton Avenue
Kalamazoo, MI 49007,1208 Princeton Avenue
Kalamazoo, MI 49007,1208 Princeton Avenue
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$140,000
Est. payment /mo
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2 Beds
3,920 Sqft Lot
Active

1208 Princeton Avenue Kalamazoo, MI 49007

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Talaal Chaudhry

Talaal Chaudhry

+1(305) 504-1717

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Fletchers Addition

MLS Listing ID 66025033247

Bedrooms 2

Year Built 1905

Annual Tax Amount $2,718

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 33x115.5

Source Greater Kalamazoo Association of REALTORS®

Property Description

This well-maintained, city-certified duplex offers an excellent opportunity for investors looking to acquire a high-yield, cash-flowing property in the heart of Kalamazoo.This well-maintained, city-certified duplex offers an excellent opportunity for investors looking to acquire a high-yield, cash-flowing property in the heart of Kalamazoo. Featuring a brand-new front porch, this property provides great curb appeal and immediate peace of mind. With two spacious 2-bedroom, 1-bathroom units, this property has consistently generated steady rental income. The lower-level unit ($950/month) is perfect for an owner-occupant or a new tenant at market rent. The upper unit has been rented consistently at $800/month, bringing the total gross income to $21,000 annually.
The owner covers gas, electric, and water ($350/month), leaving a strong net operating income of $16,800. Priced at $140,000, this property boasts an impressive 12% cap rate, making it a rare find in today's market.
A new two-year city certification is already in place. If desired, tenants are ready to move into the lower unit for a seamless transition.

Location

State MI

County Kalamazoo

Area Kalamazoo

Direction Douglas to W Paterson to Princeton to home.

Interior

Interior Features Laundry Facility

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Roof Type Composition

Road Frontage Pub. Sidewalk

Garage no

Private Pool No

Building

Foundation Crawl, Michigan Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

Structure Type Aluminum

Schools

School District Kalamazoo

Others

Pets Allowed Yes

Tax ID 0615101016

Ownership Corporate/Relocation

Acceptable Financing Cash, Contract, Conventional, FHA, VA

Listing Terms Cash, Contract, Conventional, FHA, VA

Financing Cash,Contract,Conventional,FHA,VA

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Julie A Reisner of NextHome ONE of Kalamazoo
agent
Talaal Chaudhry

Diamond Agent / Productivity Manager | License ID: 6501422349

+1(305) 504-1717 | talaal@zeolirealty.com

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1208 Princeton Avenue