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
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Property Details
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Interior Features
Heating & Cooling
- Heating: Radiant,Wall/Floor Furnace
- Heating Fuel: Electric,Natural Gas
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Exterior Features
Building Information
- Year Built: 1900
- Total Units: 4
- Foundation/Basement: Slab
Water
- Well (Existing)
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Property / Lot Details
Lot Information
- Lot Size: 1.55
- Dimensions: IRREG 285x245x285x201
Property Information
- Financing: Cash,Conventional
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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
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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
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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
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School, Utilities & Location Details
Utility Information
- Water:Well (Existing)
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BuyOwner last updated this listing 11/22/2024 @ 19:32
- 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.