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About This Home
This 0-bedroom, 8-bathroom commercial at 1500 Fraternity Village Drive in Kalamazoo, MI is listed for $1,500,000 ($171 per sqft). Built in 1998, the home offers 8,772 sqft of living space on a 1.11 acres lot.
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.
Key Features
- Built in 1998
- 1.11 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1500 Fraternity Village Drive
Kalamazoo, MI 49006
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 8-bathroom commercial at 1500 Fraternity Village Drive is listed at $1,500,000 ($171/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1998, 1.11 acre lot. Interior Features: Broadband.
This property is listed by Dave A Schnelker and can be reached at 2694883846 or daveschnelker@gmail.com.