1327 Fraternity Village Drive, Kalamazoo, MI 49006

$625,000
6
BA

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List Price
$625,000
Days on Market
1
MLS#
26044786
Status
ACTIVE
Type
Multifamily
Bathrooms
6

Property Description

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

Additional Information

Owner Pays
Sewer, Water
Taxes
$18,026
Acres
0.35
Basement
Full, Walk-Out Access
Heating
Forced Air
Roofing
Composition
School District
Kalamazoo
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
11
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

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Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bonnie k Granado from Listing Office: i-VEST Real Estate Group.

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