Courtesy of i-VEST Real Estate Group, Bonnie Granado

1327 Fraternity Village Drive, Kalamazoo, Michigan, 49006

$625,000
0.35 Acres
11 bd
6 ba
#26044786
Outstanding opportunity to acquire a well maintained, income -producing two unit property ideally located within walking distance to Western Michigan University. A total of 11 bedrooms and 6 full bathrooms, this property combines size, location, amenities, established leases and strong rental history. Property highlights include: Unit #1- 5 bedrooms/3 full baths. Unit #2- 6 bedrooms/ 3 full bathrooms. Both units include laundry room with a washer and dryer, garage parking and additional off street parking. Both units also include 1 stove and 2 refridgerators and 1 dishwasher. Strong rental history with income already in place and certified with the City of Kalamazoo. Unit 1327 has a 1 year lease and 1329 has a 2 year lease inplace. Acquire a multiple Income -producing units in a single transaction. Proximity to Western Michigan Unvirsity, generous bedroom count, garage and off street parking, in-unit laundry, appliances, current rental certificatin and established rental history distinguish this property from many smaller rental investments in the area

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Community Features : Sidewalks
  • Parking Features: Concrete, Driveway, Paved
  • Parking Total: 11
  • Garage on Property:
  • Zoning Description : RM-15 multi-fam
  • Cooling on Property:
  • Cooling: Central Air
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Vinyl Siding, Other
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Full, Walk-Out Access
  • Basement on Property:
  • Laundry Features : In Basement
PROPERTY DETAILS
ID: 26044786
Status: Active
Price: $625,000
Acres: 0.35 Acres
Price Per Acre: $1,785,714
Type: Multi-family
Address: 1327 Fraternity Village Drive
City, State: Kalamazoo, Michigan
County: Kalamazoo
Zip Code: 49006
Lat/Long: 42.278195, -85.627828
Presented By: Bonnie Granado
Phone:
Email: Click to Contact