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Ryan Maceri

mhgrealtors@gmail.com +1(586) 519-6259

$ 2,875,000

Est. payment | -/mo

2.1 Acres Lot

Save

$ 2,875,000

Est. payment | -/mo

Save

2.1 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026018237

Year Built 1964

Lot Size 2.100 Acres

Acres 2.1

Property Sub-Type MultiFamily

Listing Terms Conventional

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 Area39062Kalamazoo

County Kalamazoo

Interior

Heating Hot Water, Natural Gas, Radiant

Cooling Wall Unit(s)

Fireplace No

Exterior

Parking Features Asphalt, Carport

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected

View Y/N No

Roof Type Composition

WaterfrontY/N No

Building

Foundation Other

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

New Construction Y/N No

Schools

School District Kalamazoo

Others

Acceptable Financing Conventional

Listing Terms Conventional

Listed by Shawn Jacobs of MOXIE Real Estate + Development

NEARBY SCHOOL & BUSINESS

Ryan Maceri

Agent

+1(586) 519-6259 | mhgrealtors@gmail.com

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2907 S Burdick ST Kalamazoo City, MI 49001

Ryan Maceri

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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2907 S Burdick ST