1308 Princeton Avenue, Kalamazoo, MI 49007

$140,000
4
BD
1
BA
1,282
SqFt

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List Price
$140,000
Days on Market
2
MLS#
26058224
Status
ACTIVE
Type
Single Family Residential
Bedrooms
4
Bathrooms
1
Full-baths
1
Living Area
1,282

Property Description

Investors, take note! 1308 Princeton is a turnkey rental with a long-term tenant already in place and an excellent payment history, currently leasing for over $1,400 a month. The tenant pays their own utilities, so your income stays simple and steady. The current owner has recently obtained a 40-month Certificate of Compliance and has already done the big-ticket updates for you: a metal roof, replacement windows and updated bathroom finishes. That means fewer surprises and lower maintenance for years to come. The home has 4 bedrooms, 1 bath and a 2-car detached garage, which adds storage and keeps it appealing to future renters. It's also in the Kalamazoo Public Schools district, where graduates may qualify for the Kalamazoo Promise college scholarship, which keeps rental demand strong in this area. Opportunities like this don't stay on the market long, and the seller is motivated. Add this one to your portfolio before someone else does!

Additional Information

Taxes
$1,259
Acres
0.15
Appliances
Refrigerator, Range
Association Fee Includes
None
Basement
Full
Garage
Yes
Heating
Forced Air
Roofing
Metal
School District
Kalamazoo
Stories
2
Utilities
Cable Connected, Natural Gas Connected, Phone Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Caressa E Bryant from Listing Office: CENTURY 21 Affiliated.

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