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$ 2,900,000
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2907 S Burdick ST Kalamazoocity_kalamazoo, MI 49001
2.1 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026018237
Year Built 1964
Lot Size 2.100 Acres
Acres 2.1
Property Sub-Type MultiFamily
Property Description
MOXIE is pleased to exclusively offer Ridgewood Apartments for sale. This well-maintained all brick 33 unit property boasts an attractive unit mix, consisting of a 25 unit and 8 unit building. Rents are low and should be increased to market. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, featuring new boilers, unit renovations, and HW heaters. There are two additional parcels of land included in the sale, the buyer may be able to add additional units or parking with proper city approvals. Don't miss this great addition to your rental portfolio.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Interior
Heating Hot Water, Natural Gas, Radiant
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Asphalt, Carport
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Foundation Other
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Shawn Jacobs of MOXIE Real Estate + Development