Property Details

1327 / 1329 Fraternity Village, Kalamazoo MI - Kalamazoo

For Sale - Investment Property

1327/1329 Fraternity Village, Kalamazoo, MI 49006 (MLS # 18026840)

(all data current as of 9/17/2019)
Price $485,000
Beds 0
Baths 0 baths
Home size 4,048 sqft
Lot Size 15,334 sqft
Days on Market 462
Status Active
Don't miss this unique rental-property opportunity located just off the campus of WMU on Fraternity Village Drive. This duplex offers 2 completely separate rental units. The smaller unit features a great room w/kitchen, 5 - 12'x12' bedrooms - 4 on the MF & 1 in the LL, 3 Baths - 2 in the MF & 1 on the LL, an in-unit LL laundry room, LL utility/storage room & 4 stall garage. The larger unit features a great room w/kitchen, 6 - 12'x12' bedrooms - 5 on the MF & 1 in the LL, 3 baths - 2 on the MF & 1 in the LL, an in unit LL laundry room, LL utility/storage room & 5 stall garage. Appliances & HVAC systems have been well maintained & annually serviced. Both units are already rented for the 2019-2020 lease term & monthly rent is $5665. This building has a cap rate of 8+% so check it out TODAY!

Property Type(s): Multi Family

Last Updated 6/12/2018 Tract Kalamazoo City
Year Built 2008 Community K06 - WMU/Kcollege/Arcadia
Garage Spaces n/a County Kalamazoo
Total Parking n/a


School District Kalamazoo

Additional Details

Lot 0.3520 acre(s) Area K06 - WMU/Kcollege/Arcadia
Parking 11.0000 Sewer Public
Subdivision Kalamazoo City Taxes 9858.00
Utilities Electric,Natural Gas Water Public
Zoning RM-15 multi-fam Lot Dimensions irregular - approx 94 x 175


Air Central
Air Conditioning Yes
Basement Full Basement, Walk Out, Yes
Construction Other, Vinyl Siding
Exterior Garages, Laundry Facility, Sep Electric Meter, Sep Gas Meter
Heat Forced Air, Natural Gas


Copyright 2019 MichRIC, LLC. All rights reserved.

Updated 9/17/19 5:35 AM PDT

Information Deemed Reliable But Not Guaranteed.

Listing provided by Berkshire Hathaway HomeServices MI, Joy A Watts

(view all details for MLS #18026840)