Portage, MI 49002

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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.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49002
• Year Built: 1952
• School District: Portage
• Units: 3 units
• Basement: Slab
• # of Parking Spaces: 7
• Lot Size: 7405 sq ft lot
• Basement Type: No
• Construction Materials: Brick, Vinyl Siding
• Cooling: Window Unit(s)
• Cross Street: Lovers Ln & Portage Rd
• Directions: Lovers Ln North of Romence, Turn East on Winters Dr, House is on the South side of the road
• Driveway: Unpaved, Gravel
• Heat Source: Natural Gas
• Heat Type: Baseboard, Hot Water, Radiant
• Heating: Baseboard, Hot Water, Radiant
• Laundry Features: Laundry Room, Main Level
• Lot Description: Level
• Lot Features: Level
• Lot Size Area: 0.17
• Lot Size Square Feet: 7405
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 1
• Owner Pays: Gas, Sewer, Trash Collection, Water
• Parking Features: Unpaved, Gravel
• Road Frontage: 97
• Road Surface Type: Paved
• Roof: Composition
• SEV: 135800
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDExMDU4IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTEzVDEyOjUzOjI3LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.cuj8eAufrn8nRw93t4mHzXxAd1yHFVtdpIAt3hDPpM4/badge
• Street Type: Paved
• Tax Annual Amount: 6641.44
• Tax Legal Description: SUPERVISORS PLAT OF BRENTWOOD PARK E 97.39 FT OF LOT 1
• Tax Year: 2025
• Tenant Pays: Electricity
• Terms Available: Cash, Conventional, FHA
• Township: Portage City
• Util Availat Street: Natural Gas Available, Public Sewer, Public Water
• Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Natural Gas Available
• Water Access: No
• Water Source: Public Water