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.
Property Type
MultifamilyCounty
IoniaStyle
MultifamilyAD ID
47170208
Sell a home like this and save $4,001 Find Out How
Property Details
-
Interior Features
Heating & Cooling
- Heating: Radiant,Wall/Floor Furnace
- Heating Fuel: Electric,Natural Gas
-
Exterior Features
Building Information
- Year Built: 1900
- Total Units: 4
- Foundation/Basement: Slab
Water
- Well (Existing)
-
Property / Lot Details
Lot Information
- Lot Size: 1.55
- Dimensions: IRREG 285x245x285x201
Property Information
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $114,900
Listing Information
- Possession: At Close
- Legal Description: COM 479.5 FT E OF S 1/4 COR OF SEC 9, TH N 3 DEG 35 MIN E 227.8 FT, W 261.2 FT, N 8 DEG 37 MIN E 742 FT TO POB OF THIS DESC: TH W 227.2 FT TO C/L OF WHITES BRIDGE RD, SLY ALG SD C/L TO A PT WHICH IS 736.56 FT NLY FROM S SEC LI, E TO THE PT OF INTERS WITH A LI WHICH BEARS S 8 DEG 37 MIN W FROM POB, N 8 DEG 37 MIN E TO POB SEC 9-8-8
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,784
- Parcel Number: 13000900024500
Possession
- At Close
Legal Information
- Legal Description: Section: COM 479.5 FT E OF S 1/4 COR OF SEC 9, TH N 3 DEG 35 MIN E 227.8 FT, W 261.2 FT, N 8 DEG 37 MIN E 742 FT TO POB OF THIS DESC: TH W 227.2 FT TO C/L OF WHITES BRIDGE RD, SLY ALG SD C/L TO A PT WHICH IS 736.56 FT NLY FROM S SEC LI, E TO THE PT OF INTERS WITH A LI WHICH BEARS S 8 DEG 37 MIN W FROM POB, N 8 DEG 37 MIN E TO POB SEC 9-8-8
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 8
Unit 1 Information
- # of Bedrooms: 2
Unit 2 Information
- # of Bedrooms: 1
Unit 3 Information
- # of Bedrooms: 1
-
School, Utilities & Location Details
Utility Information
- Water:Well (Existing)
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2020 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.
BuyOwner last updated this listing 12/23/2024 @ 00:52
- MLS: 616645625
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 7 bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Belding , in zip code 48809, this Ionia County Multifamily and are nearby neighborhoods.