2907 S Burdick Street, Kalamazoo, Michigan, 49001
2.10 Acres
23 bd
#26018237
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.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Asphalt, Driveway
- Parking Total: 75
- Zoning Description : RM15
- Cooling on Property:
- Cooling: Wall Unit(s)
- Heating on Property:
- Heating : Natural Gas, Hot Water, Radiant
- Construction Materials: Brick
- Roof: Composition
PROPERTY DETAILS
ID: 26018237
Status: Pending Sale
Price: $2,849,999
Acres: 2.10 Acres
Price Per Acre: $1,357,142
Type: Multi-family
Address: 2907 S Burdick Street
City, State: Kalamazoo, Michigan
County: Kalamazoo
Zip Code: 49001
Lat/Long: 42.262092, -85.579638
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