Kelley ReitzelBig Rapids Realty & Reed City Realty, Canadian Lakes Team, ABR Broker

231-250-4417

2907 S Burdick Street, Kalamazoo, MI 49001

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$2,900,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Kalamazoo
  • County Kalamazoo
  • Township Kalamazoo City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Other
  • Garage  
  • Acreage 2.1
  • Heat Type Hot Water, Radiant
  • Central Air Wall Unit(s)
  • Year Built 1964
  • Style  
  • Exterior  
  • Taxes  
  • SEV 726200
  • Zoning RM15
  • Parcel 06-27-455-001
  • Lot Size 0 x 0

Features

MOXIE is pleased to exclusively offer Ridgewood Apartments for sale. This well-maintained all brick 32 unit property boasts an attractive unit mix, consisting of a 24 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.

Directions Cork St East to S Burdick, North to property, property is on the left.
Listing Courtesy of Shawn Jacobs - MOXIE Real Estate + Development

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