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$4,495,000
75 Days On Site

1525 Bacon Avenue
Portage City, MI 49002

For Sale|Multi Family|Active
6
Beds
0
Total Baths
1978
Built
County:
Kalamazoo

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1525 Bacon Avenue1525 Bacon Avenue1525 Bacon Avenue1525 Bacon Avenue
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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.

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Listing Snapshot
Price 
$4,495,000
Days On Site 
75 Days
Bedrooms 
6
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
9.84 Acres
Year Built 
1978
MLS® Number 
65025059801
Status 
Active
Property Tax 
$76,323
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
9.84
Cross Street 
Portage Rd
Foundation 
Slab
Parking Spaces 
72
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailablePhone ConnectedSewer ConnectedSewer Available
Water Source 
Public
Zoning 
LightIndustry
Interior Features
Heating 
Hot WaterNatural GasRadiant
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Exterior Features
Construction Details 
Wood Siding
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area39101PortageTwp
School District 
Portage
Schools
School District
Portage
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of MOXIE Real Estate + Development: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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