Mid-Mitten Realty
7182 Whites Bridge Road Active Save Request In-Person Tour Request Virtual Tour
Belding,MI 48809-9458
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $30
Subdivision Mi
MLS Listing ID 70436548
Year Built 1900
Annual Tax Amount $1,784
Tax Year 2023
Lot Size 1.550 Acres
Acres 1.55
Lot Dimensions IRREG 285x245x285x201
Property Description
This is a must-see opportunity of a lifetime! Located in Belding, Michigan, 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-$4,500 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 Belding (34017)
Interior
Heating Wall Heat,Radiant
Exterior
Exterior Feature Other
Waterfront No
Building
Foundation Slab
Structure Type Other
Schools
School District Belding Area School District
Others
Energy Description Electric,Natural Gas
Financing Cash,Conventional