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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2907 S Burdick St , Kalamazoo, MI 49001
$2,849,999
Est. Payment: $6,333.33/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 141
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Shawn Jacobs , 616-341-7699 MOXIE Real Estate + Development , 616-890-7794.

Property Type

Multi-Family
Lot/Acreage
2.1

Year Built

1964

County

Kalamazoo

 School District

Kalamazoo

Listing ID

26018237

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Wall Unit(s)
Fireplaces:

Exterior Features

Garage Capacity:75
Roof:Composition
Sewer:Public Sewer
Parking Features:Asphalt,Driveway
Principal Interest
$6,333
Taxes
$4,184

Home Price

$2,849,999

Loan Details

30 yrs
%

Down Payment

20%
$570,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,333.33 $4,183.68 $0.00 $10,517.01
Yearly $75,999.97 $50,204.12 $0.00 $126,204.09
Total $2,279,999.20 $1,506,123.60 $0.00 $3,786,122.80

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Kalamazoo, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.