1525 Bacon Avenue Active Save Request In-Person Tour Request Virtual Tour
Portage,MI 49002
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025012313
Bedrooms 2
Year Built 1978
Annual Tax Amount $76,323
Lot Size 9.840 Acres
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.
Location
State MI
County Kalamazoo
Area Portage Twp
Zoning Light Industrial
Interior
Heating Hot Water,Radiant
Exterior
Garage Spaces 72.0
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Wood
Schools
School District Portage
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional