$4,495,000

1525 Bacon Avenue, Portage, MI 49002

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon9.84acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

MOXIE Real Estate + Development is pleased to exclusively offer Lakewood Apartments for sale. This well-maintained property boasts an attractive unit mix with the majority of units already renovated, offering a blend of stability and potential for continued growth. With substantial capital improvements, the property is primed for long-term success. Key features include: renovated Units, additional revenue stream by implementing RUBS/utility bill back program and renting storage the lockers. Rents are well below market. With almost 10 acers, there is a future development opportunity, with a possibility of incentives for future expansion. Lakewood Apartments represents a solid investment opportunity with significant upside potential. For more information, please contact MOXIE.

Listing Status:
Active
Listing Office:
MOXIE Real Estate + Development : 616-890-7794
Listing Agent:
Daniel Kolp : 616-550-2684
MLS ID:
70506452
  • Heating: Hot WaterRadiant
  • General: Wood SidingSlab
  • Originating MLS: MiRealSource
  • School District: Portage Public Schools
  • County: Kalamazoo
  • Source: MiRealSource

This listing courtesy of Daniel Kolp, MOXIE Real Estate + Development

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lake Center Elementary School

10011 Portage Rd, Portage, MI, 49002

Grades PK-5

0.26 miles away

P

Portage Central Middle School

8305 S Westnedge Ave, Portage, MI, 49002

Grades 6-8

1.83 miles away

P

Portage Central High School

8135 S Westnedge Ave, Portage, MI, 49002

Grades 9-12

1.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.