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$ 2,900,000
Est. payment /mo
New
2907 S Burdick Street Kalamazoo, MI 49001-3762
2.1 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70527925
Year Built 1964
Annual Tax Amount $50,204
Tax Year 2025
Lot Size 2.100 Acres
Acres 2.1
Lot Dimensions 0 x 0
Property Sub-Type Multi-Family
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 Kalamazoo (39022)
Rooms
Basement Other
Interior
Heating Hot Water, Radiant
Exterior
Exterior Feature Brick
Parking Features Carport
Building
Structure Type Brick
Schools
School District Kalamazoo Public School District
Others
Energy Description Natural Gas
Financing Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by MOXIE Real Estate + Development