$75,000
$75,000
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4 Beds
1.55 Acres Lot
SOLD DATE : 03/04/2025
Key Details
Sold Price $75,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65025002338
Sold Date 03/04/25
Bedrooms 4
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1900
Annual Tax Amount $1,784
Lot Size 1.550 Acres
Acres 1.55
Lot Dimensions IRREG 285x245x285x201
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 Belding
Zoning Other
Direction East off M-91 onto Belding Road (M-44), North on Whites Bridge Road
Interior
Heating No Heat
Fireplace no
Exterior
Garage Spaces 4.0
Garage no
Building
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Vinyl,Wood
Schools
School District Belding
Others
Pets Allowed Yes
Tax ID 13000900024500
Ownership Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Cornerstone Home Group