$2,849,999

2907 S Burdick Street, Kalamazoo City Kalamazoo Michigan, 49001

Built in1964

Property typeMulti-family

Overview

Active

Updated 10 days ago

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.

$18,961/mo

Est. mortgage payment based on a $2,849,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes: $50,204
Tax Frequency: Annually

Courtesy of MOXIE Real Estate + Development

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Maxbroock Detroit Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated 3:30 AM UTC, 10/1/2026

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$2,849,999

Overview

$18,961/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

HOA fees--

Other Property Details