1525 Bacon Avenue

Portage, Michigan 49002

  • 3 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 9.84
    Acres(Lot)
$4,650,000

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.

  • Property Type

    Multifamily

  • County

    Kalamazoo

  • Style

    Multifamily

  • AD ID

    49126259

Sell a home like this and save $278,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Interior Features

    • Cable Available
    • Roof : Composition

    Heating & Cooling

    • Heating: Hot Water,Radiant
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1978
    • Total Units: 48
    • Roof: Composition
    • Foundation/Basement: Slab

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 9.84
    • Dimensions: 0x0

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $4,650,000

    Listing Information

    • Legal Description: SEC 27-3-11 COM SE COR SEC 27, TH W 200 FT ALG S LI SD SEC TO PL OF BEG, TH CONT W ALG SD S LI 365.24 FT, TH N 200 FT, TH W PAR S SEC LI 34 FT, TH N 0 DEG 17 MIN 40 SEC E 100 FT, TH W PAR S SEC LI 16 FT, TH N 0 DEG 17 MIN 40 SEC E 262 FT, TH N 25 DEG 43 MIN 10 SEC E 300 FT, TH E PAR S LI SD SEC 479.93 FT TO E LI SD SEC, TH S ALG E LI SD SEC 631.77 FT, TH W PAR S LI SD SEC 200 FT, TH S PAR E LI 200

  • Tax Information

    • Annual Tax: $76,324
    • Parcel Number: 1000027197O

    Legal Information

    • Legal Description: Section: SEC 27-3-11 COM SE COR SEC 27, TH W 200 FT ALG S LI SD SEC TO PL OF BEG, TH CONT W ALG SD S LI 365.24 FT, TH N 200 FT, TH W PAR S SEC LI 34 FT, TH N 0 DEG 17 MIN 40 SEC E 100 FT, TH W PAR S SEC LI 16 FT, TH N 0 DEG 17 MIN 40 SEC E 262 FT, TH N 25 DEG 43 MIN 10 SEC E 300 FT, TH E PAR S LI SD SEC 479.93 FT TO E LI SD SEC, TH S ALG E LI SD SEC 631.77 FT, TH W PAR S LI SD SEC 200 FT, TH S PAR E LI 200

  • Parking Information

    • Parking: 72

    Unit 1 Information

    • # of Bedrooms: 1

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 1500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.

BuyOwner last updated this listing 04/11/2025 @ 19:10

  • MLS: 624676922
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 3 bedrooms which is for sale, it has 0 sqft, 10 sized lot, and 0 parking. are nearby neighborhoods.