1500 Fraternity Village Drive, Kalamazoo, MI 49006

$1,500,000
8
BA

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List Price
$1,500,000
Days on Market
244
MLS#
25059867
Status
ACTIVE
Type
Commercial
Bathrooms
8
Full-baths
8
Neighborhood
Greater Kalamazoo - K

Property Description

This property has been leased to a sorority for the past 18 years and offers exceptional income potential. The residence features 16 bedrooms plus a dedicated house-mother suite, a commercial-grade kitchen, and on-site laundry facilities. Recent upgrades include a new roof and laminate flooring throughout. With its large capacity and institutional-grade amenities, this property is ideal for group housing, student living, or continued sorority/fraternity use. - See attached floor plan. Seller is a licensed Real Estate Broker in the State of Michigan.

Additional Information

Taxes
$24,647
Acres
1.11
Heating
Forced Air
Roofing
Composition
School District
Kalamazoo
Tenant Pays
Electricity, Trash Collection, Gas, Sewer, Water
Utilities
Electricity Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
Water
Public Water

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dave A Schnelker from Listing Office: Berkshire Hathaway HomeServices MI.

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