1525 Bacon Avenue
Portage, MI 49002
- – beds
- – baths
- – sqft
- ~10 acre lot
- 1978 build
- – on site
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.
Last checked:
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Last updated Mar 31, 2025
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MLS# 65025012313 —
The Building
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Year Built:1978
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Construction Materials:WoodSiding
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Roof:Composition
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Foundation Details:Slab
Location
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Directions:US 131 to D Ave, head South to Bacon Ave and West to Lakewood Apartments
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Cross Street:Portage Rd
The Property
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Parcel Number:1000027197O
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:9.84
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Lot Size Area:428630.0
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Lot Size Dimensions:0x0
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Lot Size Units:SquareFeet
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Zoning Description:Light Industry
Listing Agent
- Contact info:
- Agent phone:
- (616) 550-2684
- Office phone:
- (616) 890-7794
Taxes
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Tax 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
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Tax Assessed Value:1124600
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Tax Annual Amount:76323.88
Heating & Cooling
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Heating:HotWater, NaturalGas, Radiant
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Heating:true
Utilities
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Utilities:CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public, WateratStreet
Schools
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High School District:Portage
The Community
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Waterfront:false
Parking
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Parking Total:72.0
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/28/25
Mar 28, 2025
|
Listed / Active | REALCOMP | $4,650,000 |