1500, Fraternity Village, Kalamazoo, MI, 49006
$1,500,000
Basics
- Date added: Added 5 days ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 8
- Lot size: 1.11 sq ft
- Year built: 1998
- Bathrooms Full: 8
- Lot Size Acres: 1.11 acres
- Business Type: Other
- County: Kalamazoo
- MLS ID: 25059867
Description
-
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.
Show all description
Location
- Directions: West on W. Michigan from Howard, South on Fraternity Village Dr. to Sorority
Building Details
- Building Area Total: 8772 sq ft
- Number Of Units Total: 1
- Construction Materials: Aluminum Siding, Brick
- Heating: Forced Air
- Roof: Composition
- Number Of Buildings: 1
Amenities & Features
- Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
- Interior Features: Broadband
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $369,834
- Tax Year: 2025
- Tax Annual Amount: $24,647
- Gross Income: $140,800
- Maintenance Expense: $5,000
- Insurance Expense: $7,000
- Manager Expense: $5,800
School Information
- High School District: Kalamazoo
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: W Michigan & End
- Listing Terms: Conventional, Cash
- Tenant Pays: Electric, Gas, Sewer, Trash, Water
Ask an Agent About This Home
This Business style property is located in is currently Commercial Sale and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $1,500,000. It has bedrooms, 8 baths bathrooms, and is . The property was built in 1998 year.
