$4,650,000
1525 Bacon Avenue
Portage, MI, 49002
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.
Property Details
Price:
$4,650,000
MLS #:
25012313
Status:
Active
Beds:
0
Baths:
0
Address:
1525 Bacon Avenue
Type:
Single Family
Subtype:
5+ Units
City:
Portage
Listed Date:
Mar 28, 2025
State:
MI
ZIP:
49002
Lot Size:
428,630 sqft / 9.84 acres (approx)
Year Built:
1978
Schools
School District:
Portage
Interior
Fireplaces Total
3
Heating
Hot Water, Radiant
Exterior
Construction Materials
Wood Siding
Parking Spots
72
Roof
Composition
Financial
Tax Year
2024
Taxes
$76,324
Mortgage Calculator
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1525 Bacon Avenue
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