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About the Listing 116031 - MR803143
Turnkey duplex offering strong investment potential with updated rental income and recent capital improvements. Both units are currently leased, with updated rental rates generating a combined $2,445 in monthly rental income, or $29,340 annually at full occupancy. Unit 1's monthly rent increases to $950 effective October 31, 2026, while the spacious 4-bedroom, 2-bath Unit 2 is leased at $1,495 per month. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and rebuilt rear patio deck. With both units occupied at updated rental rates, this property offers investors immediate income, reduced near-term capital improvement needs, and potential for long-term appreciation. An excellent opportunity to acquire an income-producing duplex with established tenants and room for future growth.
Listing Highlights for 417 Locust
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Sidewalks
- Garage Capacity: N/A
- Lot Dimensions: 33X132
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $3,422
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
417 Locust Kalamazoo, MI 49007
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