Description
Income-producing 4-bedroom, 1-bath Kalamazoo rental offering approximately 1,250 square feet of living space. Currently rented for $1,500 per month with an existing month-to-month tenant, providing immediate income and flexibility for the next owner. The tenant pays gas and electric, while the landlord pays water and sewer. Newer appliances were installed within approximately the last 2-3 years, and the garage was professionally scraped and painted during the same period. Conveniently located near Bronson Methodist Hospital, downtown Kalamazoo, shopping, parks and major roadways. With $18,000 in current annual gross rent and an attractive...read more rent-to-purchase-price relationship, this established rental offers a compelling addition to an investment portfolio.