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753 Academy St

Kalamazoo, MI 49007
Active | MLS #21103326 | 14 days on market
beds
Beds
baths
Baths
sq ft
Sq Ft
acres
Acreage
0.14
type
2 to 4 Units
$299,900
$1,418/mo est*
Thomas Serio
Interested in this property?
Thomas Serio Realtor®

Home Features

heating
Heating
cooling
Cooling
waterfront
Waterfront
No
county
County
Kalamazoo
Municipality
Municipality
Kalamazoo City
school
School District
Kalamazoo
calendar
Year Built
1907

Details

This historic side-by-side duplex is leased through July 2022 for total rents of $2900. Each unit contains two kitchens and two full baths and plentiful living space. Original hardwood floors and wood trim throughout. Unit 753 has 6 bedrooms above grade and Unit 755 has 5 bedrooms above grade and one in the basement with egress. Buildout potential possible on Unit 755. Could have extra bedrooms in each unit. Could be rented out for $2200/$1800 a month. Separate gas and electric meters for each unit and tenants pay all utilities. In unit laundry on both sides and a shared balcony. Roof has new shingles and updated skylight. Walking distance to Kalamazoo College and Western University and walking distance to downtown Kalamazoo. Off street parking and on the bus line.
Agent: Melody StirkPhone: 269-324-3600

Interior

  • Basement Yes

Exterior

*Estimated monthly payments are based on 3.92% interest rate and 30 year loan term. Please contact your mortgage lender for a monthly payment estimate accurate to you.

Local Market Info

Balanced
Buyer's
Seller's
Kalamazoo is currenty a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics

Demographic Icon
Total Population
76040
Demographic Icon
Population Density
3,080
/sq mi.
Demographic Icon
Median YEARLY income
$18,126
Demographic Icon
MEDIAN AGE
26
Demographic Icon
COLLEGE EDUCATED
18%
Demographic Icon
Owner/renter divide
48% / 52%

Listing Stats

+48.9%
Since last Year
Average List Price
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 100,000 100,000 200,000 200,000
-0.9%
Since last Year
Number of New Homes on Market
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 50 50 100 100
+2.7%
Since last Year
Average Sale Price
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 50,000 50,000 100,000 100,000 150,000 150,000
-44.3%
Since last Year
Number of Sold Homes
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 50 50 100 100
875 Oak Ridge Rd
Muskegon, MI 49441

Location Hours

M-F
8AM - 4PM walk ins
(Evenings By Appointment)

S-S
By Appointment Only

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