Properties for sale in Michigan

Overview

Description

This well-maintained 16 unit property boasts an attractive unit mix with 8-2br units and 8-3br units, consisting of 4 - 4unit buildings. Rents are low and should be increased to market. All units are townhouse style with full basements and seperate mechanicals. Buyers may also be able to add an additional bedroom in the basement with proper plans and approvals. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, featuring many new furnaces and HW heaters. Don't miss this great addition to your rental portfolio.

Location Property Info

County: Kalamazoo
Street #: 2826
Street Direction: S
Street Name: Burdick
Suffix: Street
State: MI
Zip Code: 49001
Zip (4): 3769

General Property Info

Lot Measurement: Acres
Lot Square Footage: 75794
Lot Acres: 1.74
Lot Dimensions: 260 x 560 (buyer to verify)
Year Built: 1961
New Construction: No
Cert of Compliance: No
Road Frontage: 560
Total # Units: 16
# of Diff Unit Floor Plans: 2
Total # Bldgs: 4
Total Parking Spaces: 32
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 06-27-384-001
Taxable Value: 513800
SEV: 513800
For Tax Year: 2024
Seller's Annual Property Tax: 18408.7
Tax Year: 2024
Spec Assessment & Ty: NK
Zoning: RM15

Remarks Misc

Directions: Cork St East to S Burdick, North to property, property is on the left.

Status Change Info

Under Contract Date: 2025-11-04
Sold Date: 2025-12-17

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: #7 Ridgewood
SqFt: 806
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: #9 Ridgewood
SqFt: 986
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: #11 Ridgewood
SqFt: 1200
Occupied: Yes
Monthly Rent: 1150
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit Description: #13 Ridgewood
SqFt: 806
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit Description: #23 Ridgewood
SqFt: 806
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit Description: #25 Ridgewood
SqFt: 986
Occupied: Yes
Monthly Rent: 950
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit Description: #27 Ridgewood
SqFt: 986
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 950

Unit 8

Unit Description: #29 Ridgewood
SqFt: 806
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 9

Unit Description: #2822 Burdick
SqFt: 806
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 10

Unit Description: #2824 Burdick
SqFt: 986
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 11

Unit Description: #2826 Burdick
SqFt: 806
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 12

Unit Description: #2830 Burdick
SqFt: 806
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick; Other Roofing: Composition Substructure: Full; Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Driveway: Asphalt Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None

2826 S Burdick Street, Kalamazoo, MI 49001