2919 Burke Kalamazoo MI 49001 4 unit apartment building for sale

By
Real Estate Agent with REO Specialists llc 6501303799
Prepared for 
 
2/4/2018
Presented by Richard StewartREO Specialists LLC
(269) 345-7000
richard@2693457000.com
Properties for Sale

1

2919 Burke St
Kalamazoo
MI
 
49001
Property Photo
Property Details
Price
$189,900
No. Units
4
Building Size
4,212 SF
Total Lot Size
0.42 AC
Property Type
Multifamily
Property Sub-type
Apartments
No. Stories
2
Building Class
C
Year Built
1968
Zoning Description
RM-15
Tax ID/APN
06-26-355-001
Status
Active

Broker Information

Richard Stewart

(269) 345-7000

 

Sale Notes

2919 Burke St Kalamazoo MI 49001 Excellent Turn Key investment opportunity. 4 unit Occupied building in Milwood. Each unit has same floor plan. Each unit features spacious 2 bed 1 bath layout with own electric meter. All units occupied and performing. Owner pays gas for heat, trash and water. Upgrades completed in last few years include new roof, new hot water heat/boiler system and replacement windows. There is a laundry room on upper and lower level for tenants. Building includes ample paved parking.3 units currently rented at $595 per month on month to month lease. These are long term tenants. 1 unit has been remodeled and is ready to rent. Building was just rental certified by The City of Kalamazoo in June 2017. Market rent is much higher for the area. Milwood

Property Description

2919 Burke St Kalamazoo MI 49001 Excellent Turn Key investment opportunity. 4 unit Occupied building in Milwood. Each unit has same floor plan. Each unit features spacious 2 bed 1 bath layout with own electric meter. All units occupied and performing. Owner pays gas for heat, trash and water. Upgrades completed in last few years include new roof, new hot water heat/boiler system and replacement windows. There is a laundry room on upper and lower level for tenants. Building includes ample paved parking. Call Richard Stewart 269-345-7000 REO Specialists llc www.REOmamma.com

Highlights

  • Many updates include Roof, New upper decks, replacement windows, boiler
 
 
Unit Mix Information
Description No. Units Avg. Mo. Rent Sq. Ft.  
2+1
       
 
Photos
Property Photo
Property Photo
Map
 
 
 
 
 
 
 
 
Map data ©2018 Google
  • 1
    2919 Burke St
    Kalamazoo,
    MI
    49001
©2018 Richard Stewart, REO Specialists LLC
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Rainmaker
383,007
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Congratulations on your new listing! I hope it will sell soon and that investors are finding this complex as an opportunity to put and grow in their portfolio!

Feb 04, 2018 02:41 PM #1
Ambassador
4,314,944
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Richard, This sounds like a perfect opportunity for an investor to buy a well established apartment building.  I am sure you will find the right buyer soon.

Feb 04, 2018 08:10 PM #2
Rainmaker
1,499,152
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Nice! 

Congratulations on your new listing! 

All the best with the sale:) 

Feb 04, 2018 11:38 PM #3
Rainmaker
3,090,629
Richard Weeks
Dallas, TX
REALTOR®, Broker

Congratulations on your new listing.  Nice house and nice job with your presentation.

Feb 05, 2018 04:50 AM #4
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Rainmaker
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