3125 W Michigan Avenue Kalamazoo, MI ^$ 995,000

3125 W Michigan Avenue

^$ 995,000

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3125 W Michigan Avenue

Kalamazoo, MI, 49006

^$ 995,000

Studio Baths0.0

Monthly Estimate*

^$ 6,613

3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 1

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3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 5

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3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 7

3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 8

3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 9

3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 10

3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 11

3125 W Michigan Avenue, Kalamazoo, MI 49006 - Image 12

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $995,000. This home was built in 1999 on a lot size of 1.15.

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.

Multi-Family Active

Price

^$ 995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 28,329

Style

5+ Units

Lot Size

1.15

Year Built

1999

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

24001236

Features

General

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

Township Kalamazoo City

Property SubType 5+ Units

Tax Year 2023

County Kalamazoo

New Construction N

Property Type Multi-Family

Attached Garage N

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 N

Street Name Michigan

Land Lease Y/N N

Tax Annual Amount 28329.42

Lease Renewal Y/N N

MLS Area Minor Greater Kalamazoo - K

Additional Parcels Y/N N

Rent Control Y/N N

Days on Market 144

Standard Status Active

Tax Assessed Value 408713

Legal Description G27J-1 FRATERNITY VILLAGE LOT 1

Senior Community None

Interior

Basement Full

Total Fireplaces 1

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Paved

Total Parking 36.0

Lot Size Area 1.15

Number of Buildings 1

Spa N

Lot Dimensions 501.71' x 102.44'

Lot Size Acres 1.15

Road Surface Type Paved

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3125

* Excluded Features

List By

Kalamazoo Commercial Real Estate

Broker

andrew@kalamazoocre.com

Affordability Calculator

$8,974

Per Month

Monthly Principal & Interest: $6,613
Monthly Property Taxes: $2,361
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$389,672

Percent of Sale Price 61%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

251492 Elementary School

248593 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$995,000	-17.08%	Price Down
1/4/2024	$1,200,000		Listed Price

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3125 W Michigan Avenue, Kalamazoo, MI, 49006 is a Multi-Family Home for sale at $995,000 with a lot size of 1.15. 3125 W Michigan Avenue is a studio with 0.0 baths and was built in 1999. The property's zip code is 49006 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 5/23/2024.

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3125 W Michigan Avenue

Multi-Family Home for sale in Kalamazoo, MI

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