130 W Paterson St
Kalamazoo, MI 49007
For Sale
Yes, this property features an active City of Kalamazoo Rental Certification. Having this certification already in place saves new owners the time and expense of acquiring an initial certification.
This income property is configured as a two-unit duplex. Each individual unit features a functional layout containing two bedrooms and one full bathroom, making a total of four bedrooms and two full bathrooms across the entire building.
The property features significant high-cost updates designed to reduce immediate maintenance expenses. These updates include a durable roof that is approximately two years old and a brand-new water heater.
Absolutely. This duplex is ideal for house-hacking, allowing an owner-occupant to live in one of the two-bedroom units while leasing out the second two-bedroom unit to generate rental income that helps offset mortgage payments.
This property is highly accessible, located just minutes north of downtown Kalamazoo. Residents enjoy quick access to local dining, shopping, cultural venues, and employment centers in the heart of the city.
The duplex offers approximately 1,616 square feet of total interior living space across both units. It sits on a manageable lot size of approximately 5,314 square feet, offering outdoor space without excessive maintenance requirements.
The property offers excellent transport links, with easy access to major roads like Business Loop I-94 and US-131. It is also close to the Kalamazoo Transportation Center, which provides local bus routes and Amtrak passenger rail service.
The duplex is set up with separate living spaces and a functional layout. For specific details regarding utility separation, metering configurations, or historical utility costs, please contact the listing agent directly.
The property includes dedicated off-street space suitable for resident vehicles. This is a highly valued feature for tenants in the downtown Kalamazoo area, helping to support long-term occupancy and tenant retention.
This character-filled property was originally constructed in 1910. It combines classic architectural bones with essential modern updates like a newer roof and brand-new water heater to offer the best of both worlds.
Discover an exceptional investment vehicle or owner-occupant opportunity at 130 W Paterson St. This versatile multi-unit property offers two fully certified rental units in a high-demand rental corridor of Kalamazoo, Michigan. Representing a strategic entry point for first-time investors or an impactful addition to an established real estate portfolio, this duplex is engineered for steady cash flow and long-term capital appreciation.
Each of the two well-proportioned units features a functional layout consisting of two comfortable bedrooms and one full bathroom. The independent living configurations ensure privacy and ease of occupancy for residents in both spaces. This setup is highly attractive for those looking to implement a house-hacking strategy—occupying one unit as a primary residence while utilizing tenant rental income from the second unit to offset mortgage costs.
Significant capital improvements have been proactively addressed by the current owner, greatly reducing near-term maintenance risks and protecting your investment margins. The building features a durable roof approximately two years old, along with a brand-new water heater. These structural and mechanical updates mean lower ongoing operating expenses and higher net operating income from the moment of acquisition.
One of the most valuable aspects of this asset is its active City of Kalamazoo Rental Certification. Navigating local municipal compliance can often be a hurdle for landlords, but this property removes that friction entirely. With the regulatory groundwork already laid, you can transition smoothly into marketing the units, securing qualified tenants, and collecting rent without regulatory delay.
Positioned close to the revitalized center of Kalamazoo, residents will enjoy effortless access to diverse downtown amenities, independent dining, local retail centers, and critical commuter pathways. The proximity to regional employment hubs and higher education campuses supports a robust, consistent tenant pool, making this an enduring addition to your real estate portfolio.
This property is located at 130 W Paterson St, Kalamazoo, MI 49007
