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.
Portage is located in Michigan. Portage, Michigan has a population of 48,767. Portage is more family-centric than the surrounding county with 34.08% of the households containing married families with children. The county average for households married with children is 30.73%.
The median household income in Portage, Michigan is $68,755. The median household income for the surrounding county is $61,739 compared to the national median of $69,021. The median age of people living in Portage is 37 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 36.2 inches per year, with 47.2 inches of snow per year.
