Outstanding Portage investment opportunity! Offering 10 townhouse units with garages, brick exterior and nestled on 2 private wooded acres. Comprised of 2 Buildings-9 identical townhouse units with 873 sq. ft, main level Living Room, Dining Area/Slider to patio, Kitchen with appliances and laundry hook up, upper level with 2 Bedrooms and Baths. 10th unit has 360 sq. ft. addition of Family Room with fireplace and 2nd main floor Bath plus upper 2 Bedrooms and Bath for total of 1233 sq. ft. Each unit has 1 car detached garage plus parking. Rents average $675-$700/mo plus gas & electric for nine units and large unit rents for $850/mo plus gas & electric. Buildings have geothermal units for heating and cooling for conservative costs. Very low turnover rate, easily rented, original owner.
Multi-familyProperty Type
1976Year Built
2.14 acresLot Size
$50Price/Sq.Ft.
10 spacesParking
Listed by Jan Carpenter• Berkshire Hathaway HomeServices MI
Bought with Jan Carpenter• Berkshire Hathaway HomeServices MI
Outstanding Portage investment opportunity! Offering 10 townhouse units with garages, brick exterior and nestled on 2 private wooded acres. Comprised of 2 Buildings-9 identical townhouse units with 873 sq. ft, main level Living Room, Dining Area/Slider to patio, Kitchen with appliances and laundry hook up, upper level with 2 Bedrooms and Baths. 10th unit has 360 sq. ft. addition of Family Room with fireplace and 2nd main floor Bath plus upper 2 Bedrooms and Bath for total of 1233 sq. ft. Each unit has 1 car detached garage plus parking. Rents average $675-$700/mo plus gas & electric for nine units and large unit rents for $850/mo plus gas & electric. Buildings have geothermal units for heating and cooling for conservative costs. Very low turnover rate, easily rented, original owner.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
511 ft.
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Kalamazoo County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 9, 2023.
RM-1
Multifamily Residential Districts-High Density
RM-1 multifamily residential districts are designed to provide sites for multifamily dwelling structures and related uses, which will generally serve as a transition between nonresidential districts and lower density one-family districts.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Public service
Educational/school
Library
Property details
Parking
Parking Information
Parking Total: 10
Parking Features: Paved
Garage Information
No Attached Garage
Interior
Virtual Tour
Heating & Cooling
Has Heating
Cooling: Wall Unit(s)
Has Cooling
Heating: Baseboard, Electric, Geothermal
Room Information
Basement: Slab
Multi-Unit Information
# Of Units Total: 10
Exterior
Building Information
Construction Materials: Brick
Exterior Features
Year Built: 1976
Roof: Composition
Land Information
Road Surface Type: Paved
Lot Information
Lot Features: Sidewalk, Wooded
Lot Size Acres: 2.14
Lot Size Area: 2.14
Lot Size Units: Acres
Property Information
Property Type: Multi-Family
Property Sub Type: 2 to 4 Units
Number Of Buildings: 2
Financial
Tax Information
Tax Year: 2013
Tax Annual Amount: $12,022
Tax Assessed Value: $210,500
Utilities
Utility Information
Sewer: Public Sewer
Location
School Information
High School District: Portage
Location Information
Directions: Portage Road Between Osterhoust & Wetherbee
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Kalamazoo County
APN: —
Home facts updated by county records on Apr 9, 2023
Around this home
Schools
Lake Center Elementary School
Public PreK-5 • Assigned • 0.4mi
8/10
Portage Central Middle School
Public 6-8 • Assigned • 2.3mi
8/10
Portage Central High School
Public 9-12 • Assigned • 2.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Portage, MI • 49002
Average low and high temperatures (°F)
27
15
34
19
53
32
61
41
67
47
80
61
83
66
80
62
77
55
66
45
48
36
35
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.