About 1516 Nazareth Road
Live in one unit and rent the other to offset or cover your mortgage-don't miss this opportunity! Multi family duplex. Excellent opportunity for owner-occupants or investors! This well-maintained duplex offers 2 updated 2 bed / 1 bath units with separate entrances, private laundry in each unit, and strong rental history. Both units feature new flooring, fresh paint, and updated light fixtures. Bottom unit has a new water heater. Roof replaced in 2021.
Enjoy a large shared backyard with individual storage sheds for each unit, along with ample off-street parking (8+ spaces). The parking area is well-lit with a dusk-to-dawn security light for added visibility and peace of mind. Conveniently located just minutes from I-94 for an easy commute and close to Northeastern Elementary, Linden Grove Middle, and Kalamazoo Central High. Rental Income Potential: Up to $2,600/month.
Past rents: $1,200-$1,300 per unit with utilities billed back to tenants.
Estimated Mortgage: $1,214-$1,667/month depending on financing.
Call Amanda with any questions or to set up a showing 269-267-1848.
