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Jim Blehm

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

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1500 Fraternity Village Dr , Kalamazoo, MI 49006
$1,500,000
Est. Payment: $3,333.33/mo
0 Bed
8 Bath
8772 Sqft
Status: Active | Days on site: 191
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k231 - k136123
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

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.
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Highlights

Listed by Dave A Schnelker , 269-488-3846 Berkshire Hathaway HomeServices MI , 269-344-8599.

Property Type

Commercial Sale
Lot/Acreage
1.11

Year Built

1998

County

Kalamazoo

Area

Greater Kalamazoo - K

 School District

Kalamazoo

Listing ID

25059867

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:8
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Broadband

Exterior Features

Roof:Composition
Principal Interest
$3,333
Taxes
$2,054

Home Price

$1,500,000

Loan Details

30 yrs
%

Down Payment

20%
$300,000
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:
$3,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,333.33 $2,053.92 $0.00 $5,387.25
Yearly $40,000.00 $24,647.00 $0.00 $64,647.00
Total $1,200,000.00 $739,410.00 $0.00 $1,939,410.00

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.