Homes for sale - 719 Crawford Street, Belding, MI 48809

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Ryan Maceri

mhgrealtors@gmail.com +1(586) 519-6259

$ 2,500,000

Est. payment | -/mo

1 Bed

3.36 Acres Lot

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$ 2,500,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

3.36 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65025015204

Bedrooms 1

Year Built 1998

Annual Tax Amount $44,158

Lot Size 3.360 Acres

Acres 3.36

Lot Dimensions 514 x 302

Source Greater Regional Alliance of REALTORS®

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,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 Belding

Zoning Residential

Direction North from Belding road Bridge Street,right on Vincent to North on Crawford.

Rooms

Basement Daylight

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 18.0

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Belding

Others

Pets Allowed Yes

Tax ID 40104000001500

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Virtual Tour https://tours.harrcreative.com/tour/1g83bg1aee1

Listed by Joshua M McCracken of Greenridge Realty (Lowell)

Ryan Maceri

Agent

+1(586) 519-6259 | mhgrealtors@gmail.com

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719 Crawford Street Belding, MI 48809

Ryan Maceri

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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719 Crawford Street