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.
3 unit bringing in just shy of $3k in monthly rents. 2 buildings plus detached garage/additional storage. All 3 units are 1 bedroom, 1 bath with floor areas ranging from 468 to 506 sq'. Updates have been done including interior and exterior including: windows, vinyl siding, metal roof on units 2020 and 2024, garage roof 7-8 yrs and ext paint 2024, sewer line from units to sidewalk. Separate gas and electric meters on 602 & 604. Great opportunity for full investor or owner occupant of 604 with rental income from 602 Apts 1 & 2. 48 hour showing notification required.
Courtesy: Five Star Real Estate (Beld)
Spencer Geisen
616-490-1555
3 unit bringing in just shy of $3k in monthly rents. 2 buildings plus detached garage/additional storage. All 3 units are 1 bedroom, 1 bath with floor areas ranging from 468 to 506 sq'. Updates have been done including interior and exterior including: windows, vinyl siding, metal roof on units 2020 and 2024, garage roof 7-8 yrs and ext paint 2024, sewer line from units to sidewalk. Separate gas and electric meters on 602 & 604. Great opportunity for full investor or owner occupant of 604 with rental income from 602 Apts 1 & 2. 48 hour showing notification required.
Courtesy: Five Star Real Estate (Beld)
616-244-3800
3 unit bringing in just shy of $3k in monthly rents. 2 buildings plus detached garage/additional storage. All 3 units are 1 bedroom, 1 bath with floor areas ranging from 468 to 506 sq'. Updates have been done including interior and exterior including: windows, vinyl siding, metal roof on units 2020 and 2024, garage roof 7-8 yrs and ext paint 2024, sewer line from units to sidewalk. Separate gas and electric meters on 602 & 604. Great opportunity for full investor or owner occupant of 604 with rental income from 602 Apts 1 & 2. 48 hour showing notification required.
Belding is located in Michigan. Belding, Michigan has a population of 6,070. Belding is more family-centric than the surrounding county with 34.05% of the households containing married families with children. The county average for households married with children is 31.12%.
The median household income in Belding, Michigan is $48,166. The median household income for the surrounding county is $64,436 compared to the national median of $69,021. The median age of people living in Belding is 35.1 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 34.8 inches per year, with 64 inches of snow per year.
