23
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$274,000
Est. payment /mo
7,405 Sqft Lot
Active
Address not disclosed Portage City, MI 49002
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66026011058
Year Built 1952
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type MultiFamily
Property Description
Opportunity meets prime location with this well-positioned 3-unit investment property in the highly desirable Portage School district. Major groundwork has already been completed, including new separate electrical service panels with drop meter and extensive tree removal--setting the stage for a smooth and profitable investment.The main floor unit features comfortable, convenient living with 2 bedrooms, a cozy fireplace, in-unit laundry, and separately metered utilities. Upstairs, you'll find two additional 2-bedroom units--each offering sought-after amenities like bright sunrooms and attached garage parking, a rare find that attracts and retains quality tenants.One upper unit has been refreshed with new flooring and paint, while the other presents a value-add opportunity for customization and increased rental potential.Whether you're expanding your portfolio or entering the multi-family market, this property delivers immediate income potential with room to increase returns.
Location
State MI
County Kalamazoo
Area Area39101Portage
Interior
Heating Baseboard, Hot Water, Natural Gas, Radiant
Cooling Window Unit(s)
Fireplace No
Laundry LaundryRoom, MainLevel
Exterior
Parking Features Gravel, Unpaved
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Portage
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Jason A Mais of O'Brien Real Estate
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