$75,000
$75,000
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1.55 Acres Lot
SOLD DATE : 03/04/2025
Key Details
Sold Price $75,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Belding
MLS Listing ID 25002338
Sold Date 03/04/25
Year Built 1900
Annual Tax Amount $1,784
Tax Year 2023
Lot Size 1.550 Acres
Acres 1.55
Lot Dimensions IRREG 285x245x285x201
Property Sub-Type 2 to 4 Units
Property Description
Cash-only Handyman Special! This vacant 4-unit multi-family property offers a significant equity-building chance for real estate investors. Each unit requires renovation, providing the perfect opportunity to add value and maximize returns. The property consists of one 3 bedroom/1 bathroom unit with a basement and three slab foundation units—two 1 bedroom/1 bathroom and one 2 bedroom/1 bathroom. All units are currently vacant, allowing for immediate renovations tailored to meet market demands. Once renovated, the estimated total rental income is projected between $4,000+ per month. This investment is ideal for anyone looking to boost their portfolio and enhance cash flow in an expanding community.
Location
State MI
County Ionia
Area Grand Rapids - G
Direction East off M-91 onto Belding Road (M-44), North on Whites Bridge Road
Rooms
Basement Partial, Slab
Interior
Heating None
Fireplaces Number 4
Exterior
Utilities Available Natural Gas Available, Electricity Connected
View Y/N No
Total Parking Spaces 4
Building
Sewer Septic Tank
Water Well, None
Structure Type Vinyl Siding,Wood Siding
New Construction No
Schools
School District Belding
Others
Tax ID 130-009-000-245-00
Acceptable Financing Cash
Listing Terms Cash
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