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About This Home
This 23-bedroom, 0-bathroom residential multi family at 2907 S Burdick Street in Kalamazoo, MI is listed for $2,900,000. Built in 1964, on a 2.10 acres lot.
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.
Key Features
- Built in 1964
- 2.10 acre lot
- 75 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$15,510/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2907 S Burdick Street
Kalamazoo, MI 49001
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 23-bedroom, 0-bathroom residential multi family at 2907 S Burdick Street is listed at $2,900,000. The estimated monthly payment is $12,567 based on 20% down at 6.5% interest.
Key features include: Built in 1964, 2.10 acre lot, 75 parking spaces.
This property is listed by Shawn Jacobs and can be reached at 9899807359 or mxmulti@workwithmoxie.com.