1525 Bacon Avenue, Portage, MI 49002 (MLS # 25012313)

PRICE	$4,650,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	9.84 ac

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.

DAYS ON MARKET	4	LAST UPDATED	3/28/2025
YEAR BUILT	1978	COMMUNITY	Greater Kalamazoo - K
COUNTY	Kalamazoo	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AREA	Greater Kalamazoo - K
CONSTRUCTION	Wood Siding
FIREPLACE	Yes
HEAT	Hot Water, Natural Gas, Radiant
LOT	9.84 acre(s)
LOT DIMENSIONS	0x0
SEWER	Public Sewer
TAXES	76323.88
UTILITIES	Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
ZONING	RM-1

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Listing provided by MOXIE Real Estate + Development, Daniel Kolp

Updated 3/31/25 11:25 AM PDT

Information Deemed Reliable But Not Guaranteed.

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