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313 N Burdick Street $1,479,000

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313 N Burdick Street Kalamazoo, MI 49007

  • 0 Beds
  • 0 Baths
  • 14,663 sq. ft.
  • Multi-Family
  • MLS# 19050654
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Views: 560 Days On Market: 168

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Property Details

The Old Towne Building is for sale. 12 unique apartments and 12,000 square feet of office/commercial space in the very desirable Downtown Kalamazoo Central Business District. See attached Documents for Floor Plans, Current Rent Roll and Operating Statements. Apartments are Fully Leased through July 20, 2020 and Finished Office Space is fully occupied. 4,500 square feet of basement space still unfinished that could add value via future expansion. Total Gross Monthly Rent is $14,852.43. Units are in excellent condition. Shared Coin Operated Laundry, Shared Exterior Sun Deck. Apartments pay all separate utilities. Office Tenants Utilities Included. Offices have Central Air Conditioning. This location qualifies as a Qualified Opportunity Zone. Please Visit www.OldTowneBuilding.

  • General Features
    • Tenant Pays Electric, Gas
    • Terms Available Tax Def Exchange, Cash/Conventional
    • SubArea 09
    • Property Sub Type 5+
    • Municipality Kalamazoo City
    • New Construction No
    • Owner Pays Sewer, Water
    • County Kalamazoo
    • Year Built 1910
    • Area Greater Kalamazoo - K
    • Annual Property Tax 15176.95
    • Tax Year 2018
  • Building Features
    • Air Conditioning Central, Window Unit
    • Basement Yes
    • Substructure Full Basement
    • Total Number Bldgs 1.00
    • Total Parking Spaces 6.0000
    • Exterior Material Brick
    • Extras Laundry Facility, Tenant Storage, Sep Electric Meter
    • Heat Source Natural Gas
    • Heat Type Forced Air
    • Roofing Other
  • Property Features
    • Waterfront Y/N No
    • Water Access Y/N No
    • Water Public
    • Utilities Attached Cable, Telephone Line, Electric, Natural Gas
    • Util Avail at Street Broadband,Storm Sewer,Public Water,Public Sewer,Natural Gas,Electric,Cable
    • Street Type Paved,Public
    • Road Frontage 94.00
    • Sewer Public
    • Lot Square Footage 7019.00
    • Lot Measurement Square feet
    • Lot Dimensions 74.67 x 94
    • Lot Acres 0.16
  • Schools
    • School District Kalamazoo

Contact

Kim Williams

Associate

6501362803

RE/MAX of Kalamazoo

Direct: 269-382-8042

Neighborhood

49007 (Kalamazoo) Demographics

27 Median Age
2,897 Population Density (per sq. mile)
31% College Educated
$28,181 Estimated Median Income
1,221 Estimated Total Home Owners
3,212 Estimated Total Renters
28% / 72% Estimated Owner / Renter Divide
2 Estimated Average Household Size
10,441 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$320,000 Median Sales Price
5 Homes Sold
7 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,479,000
      10/16/2019 11:37:00 AM New in Database Source

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      Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 4/1/2020 10:37:39 PM.


      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.