$120,000
Kalamazoo, MI 49007
MLS# 25053275
Status: Active Contingent
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Property Description
Land Contract Option Available with as little as $15,000 down! Get a cashflow property that is currently city certified to start or expand to your current rental portfolio. Two 2 Bed, 1 Bath units with the downstairs being slightly larger. Tenants can be in place before purchase.
Details
Maps
Location Property Info
County: Kalamazoo
Street #: 1208
Street Name: Princeton
Suffix: Avenue
State: MI
Zip Code: 49007
Zip (4): 3466
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active Contingent
Current Price: $120,000
List Price: $120,000
Listing Date: 2025-10-16
General Property Info
Lot Measurement: Acres
Lot Square Footage: 3920
Lot Acres: 0.09
Lot Dimensions: 33x115.5
Year Built: 1905
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-06-01
Road Frontage: 33
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1496
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-15-101-016
Taxable Value: 37837
SEV: 45600
For Tax Year: 2025
Seller's Annual Property Tax: 2718
Tax Year: 2025
Spec Assessment & Ty: NK
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Terms Available
Land Contract Down Payment: 15000
Land Contract Interest Rate: 10
Land Contract Monthly Payment: 92145
Land Contract Terms (# Months): 60
Income and Expenses
Annual Insurance: 591
Annual Maintenance: 493
Annual Mgmt. Fees: 458
Annual Utilities: 5561
Operating Expense: 7103
Unit 1
Unit #: 1
Unit Description: 2 bedrooms
Occupied: No
Monthly Rent: 950
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 1 bedroom
Occupied: No
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Main Level
Exterior Material: Aluminum Siding
Roofing: Composition
Substructure: Crawl Space; Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Electricity; Gas; Sewer; Water
Tenant Pays: Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: None
Street Type: Public
Mineral Rights: Unknown
Terms Available: Land Contract
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Listing Office: NextHome ONE of Kalamazoo
Listing Agent: Zac Folsom
Last Updated: December - 14 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.