Price Reduction
Address
3125 W Michigan Avenue, Kalamazoo, MI
Price
$ 995,000
Property Attributes
  • MLS#24001236
  • TypeMulti-Family
  • CountyKALAMAZOO
  • CityKalamazoo
  • AreaKalamazoo City
  • NeighborhoodKalamazoo City
  • Zip49006
  • Style5+ Units
  • Year Built1999
  • Taxes$ 28329
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.15 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

This 13,752 SF building was built as a sorority house in 1999. The property consists of 1.147 acres, less than a half mile from Western Michigan University's campus. The building has a private apartment, full commercial kitchen, with dining hall, multiple rooms, and shared bathrooms. The location is perfect for a similar shared housing group, or the zoning will allow it to be redeveloped into multi family. Offers will be considered exclusively through Kalamazoo Commercial Real Estate.

Price History
1/4/2024 Listed $1,200,000
4/9/2024 18% - $995,000

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Phone Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Natural Gas Connected,Electric Connected
Roof Composition
Construction Materials Vinyl Siding
Year Built 1999
Tenant Pays None
Property SubType 5+ Units
Tax Year 2023
OwnerPays None
County Kalamazoo
New Construction No
Property Type Multi-Family
Attached Garage No
Status Active
Directions From Drake Road,east on Michigan Avenue. listing is on the south side of the road.
City Kalamazoo
High School District Kalamazoo
Zoning Description RM-15
Total Units 17
MLS Area Greater Kalamazoo - K
Lot Size Square Feet 50094.0
Waterfront Y/N No
Street Name Michigan
Land Lease Y/N No
Tax Annual Amount 28329.42
Lease Renewal Y/N No
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N No
Rent Control Y/N No
Days on Market 100
Standard Status Active
Tax Assessed Value 408713
MobileHomeRemainsYN No
Legal Description G27J-1 FRATERNITY VILLAGE LOT 1
Senior Community None

Interior Features

Basement Full
Total Fireplaces 1
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Parking Features Paved
Total Parking 36.0
Lot Size Area 1.15
Number of Buildings 1
Spa No
Lot Dimensions 501.71' x 102.44'
Lot Size Acres 1.15
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49006

Price
AVG $460K
$1,000K
Taxes
AVG $11,114
$28,329
Visits
AVG 12
174
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1999

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