Listing provided courtesy of Michigan Top Producers- MLS# 26032402MLS ProviderSource MLS Verified

720 Ashley DriveKalamazoo, MI 49048

Multi-Family · 0.05 Acres
$170,000 Active

720 Ashley Drive Overview

Time on Site:
3 days
Visits:
1

Discover the possibilities with this well-maintained brick duplex in a quiet Kalamazoo neighborhood. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or convert the property back into a spacious single-family home, this property offers exceptional versatility. The main unit features nearly 2,000 square feet of living space with three bedrooms and two full bathrooms, including a private primary ensuite. An updated kitchen, convenient main-floor laundry with additional storage, and a bright sunroom provide both comfort and functionality. Step outside to enjoy the deck overlooking the fenced backyard--perfect for relaxing or entertaining. The upper apartment offers approximately 455 square feet with one bedroom, one full bathroom, and a comfortable living space. It has an excellent rental history and also provides the opportunity to create a private guest or in-law suite. Completing the property is an oversized detached garage with an expansive workshop area, offering plenty of room for hobbies, storage, or projects. With strong rental potential, flexible living options, and solid brick construction, this is a unique opportunity you won't want to miss.

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720 Ashley Drive Facts & Features

  • Type Multi-Family
  • Lot 0.05 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1929

Location/Region

  • County Or Parish: Kalamazoo

Rent/Lease Information

  • Tenant Pays: Electric,Gas

Tax Information

  • Tax Annual Amount: 5122.0

General Information

  • Parcel Number: 06-13-141-340
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: Main Level

Exterior

Parking Information

  • Parking Features: Paved,Unpaved

Lot Information

  • Lot Size Dimensions: 74 x 132
  • Lot Size Square Feet: 9583.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Roof: Other,Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer

720 Ashley Drive Neighborhood

Community

49048 (KALAMAZOO) Demographics

35
Median Age
619
Population Density (per sq. mile)
35%
College Educated
$48,799
Estimated Median Income
5,823
Estimated Total Home Owners
3,714
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

720 Ashley Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

720 Ashley Drive Market Data

Based on the last 30 days in this zip code

$243,432
Average List Price
$155
Average Price per Square Foot
26
Properties Sold
51
Average Days on Market
156
Properties for Sale
Calculations provided by Reliance Network