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719 Crawford Street Belding, MI 48809
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Belding City
MLS Listing ID 25015204
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 5+ Units
Property Description
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, attached garages, and full daylight basements ready for future expansion. Finishing basements could create addition living space and drive rents even higher into the $1,400-1,600 range. dramatically increasing the property's overall NOI and value. This property boasts a proven 20 year track record of high occupancy with minimal turnover, located in a quiet residential setting near downtown Belding and within an easy commute to Grand Rapids. Whether you're seeking a stabilized asset with immediate upside or longer-term value-add project, 719 Crawford Street checks all the boxes. Don't miss this rare offering! attached garages, and full daylight basements ready for future expansion. Finishing basements could create addition living space and drive rents even higher into the $1,400-1,600 range. dramatically increasing the property's overall NOI and value. This property boasts a proven 20 year track record of high occupancy with minimal turnover, located in a quiet residential setting near downtown Belding and within an easy commute to Grand Rapids. Whether you're seeking a stabilized asset with immediate upside or longer-term value-add project, 719 Crawford Street checks all the boxes. Don't miss this rare offering!
Location
State MI
County Ionia
Area Grand Rapids - G
Direction North from Belding road Bridge Street,right on Vincent to North on Crawford.
Rooms
Basement Daylight, Full
Interior
Heating Forced Air
Fireplaces Number 9
Exterior
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
View Y/N No
Total Parking Spaces 18
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
Middle Schools Belding Middle School
High Schools Belding High School
School District Belding
Others
Tax ID 401-040-000-015-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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