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$ 2,500,000
Est. payment /mo
Pending
719 Crawford Street Belding, MI 48809-1215
3.36 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70461865
Year Built 1998
Annual Tax Amount $44,158
Tax Year 2024
Lot Size 3.360 Acres
Acres 3.36
Lot Dimensions 514 x 302
Property Sub-Type Multi-Family
Property Description
Offered at 2,500,000, 719 Crawford Street features a rare collection of nine duplex buildings totaling 18 two bedroom, one bath units. Each with an attached 1 stall garage and a full daylight unfinished basement-presenting both immediate cash flow and long-term value-add potential.Current average rents are approximately $995 per unit, with top end rents already reaching $1,200. Market conditions support rent adjustments across the board, with minimal improvements needed to achieve $1,200+ monthly rents. Investors will appreciate the clean, well maintained interiors, tenant paid gas and electric utilities, and landlord covered water, sewer, lawn care and snow removal. All units sit on a large 3.364-acre parcel and were constructed between 2000 and 2005, offering durable layouts,
Location
State MI
County Ionia
Area Belding (34017)
Rooms
Basement Egress/Daylight Windows
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Belding Area School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Greenridge Realty (Lowell)