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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1327 Fraternity Village Dr , Kalamazoo, MI 49006
$625,000
Est. Payment: $1,388.89/mo
0 Bed
6 Bath
0 Sqft
Status: Pending | Days on site: 16
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k1456 - k101832
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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
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Highlights

Listed by Bonnie k Granado , 269-488-1600 i-VEST Real Estate Group , 269-488-1600.

Property Type

Multi-Family
Lot/Acreage
0.35

Year Built

2008

County

Kalamazoo

 School District

Kalamazoo

Listing ID

26044786

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Full,Walk-Out Access

Exterior Features

Lot:Sidewalk
Garage Capacity:11
Roof:Composition
Sewer:Public Sewer
Parking Features:Concrete,Driveway,Paved
Principal Interest
$1,389
Taxes
$1,502

Home Price

$625,000

Loan Details

30 yrs
%

Down Payment

20%
$125,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,388.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,388.89 $1,502.19 $0.00 $2,891.08
Yearly $16,666.67 $18,026.31 $0.00 $34,692.98
Total $500,000.00 $540,789.30 $0.00 $1,040,789.30

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Kalamazoo, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.