2907 S Burdick Street, KalamazooCity_Kalamazoo, Michigan

$2,875,000

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About 2907 S Burdick Street

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.

Features of 2907 S Burdick Street

MLS® # 65026018237
Price $2,875,000
Acres 0.00
Year Built 1964
Type ResidentialIncome
Sub-Type MultiFamily
Status Active

Community Information

Address 2907 S Burdick Street
Area Area39062Kalamazoo
City KalamazooCity_Kalamazoo
County Kalamazoo
State Michigan

Amenities

Utilities CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected
Parking Asphalt, Carport
Is Waterfront No
Has Pool Yes

Interior

Heating HotWater, NaturalGas, Radiant
Cooling WallUnits
Fireplace Yes

Exterior

Roof Composition
Construction Brick
Foundation Other

School Information

District Kalamazoo
High Kalamazoo

Additional Information

Zoning Light Industry
Foreclosure Yes
Short Sale Yes
RE / Bank Owned Yes

Listing Details

OfficeMOXIE Real Estate + Development

Listing Map

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