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Pending
  • $2,500,000

    719 Crawford St, Belding, MI 48809

    2beds
    1baths
    1,848sqft
    : 
    5+ Units
    Built in 1998
    -- sqft lot
    $-- Zestimate®
    $1,353/sqft
    $-- HOA

    What's special

    Full daylight unfinished basementAttached garagesClean well maintained interiorsDurable layouts
    Offered at 2,500,000, 719 Crawford Street features a rare collection of nine duplex buildings totaling 18 two bedroom, one bath units. Each with an attached 1 stall garage and a full daylight unfinished basement-presenting both immediate cash flow and long-term value-add potential. Current average rents are approximately $995 per unit, with top end rents already reaching $1,200. Market conditions support rent adjustments across the board, with minimal improvements needed to achieve $1,200+ monthly rents. Investors will appreciate the clean, well maintained interiors, tenant paid gas and electric utilities, and landlord covered water, sewer, lawn care and snow removal. All units sit on a large 3.364-acre parcel and were constructed between 2000 and 2005, offering durable layouts, attached garages, and full daylight basements ready for future expansion. Finishing basements could create addition living space and drive rents even higher into the $1,400-1,600 range. dramatically increasing the property's overall NOI and value. This property boasts a proven 20 year track record of high occupancy with minimal turnover, located in a quiet residential setting near downtown Belding and within an easy commute to Grand Rapids. Whether you're seeking a stabilized asset with immediate upside or longer-term value-add project, 719 Crawford Street checks all the boxes. Don't miss this rare offering!
    11 days
    on Zillow
    |
    586
    |
    33
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2025 at 07:33am

    Listed by:

    Joshua M McCracken 616-250-7635,

    Greenridge Realty (Lowell) 616-897-9239,

    Todd M Pearson 616-717-8220,

    Greenridge Realty (Lowell)

    Source: MichRIC,MLS#: 25015204MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced Air
    Features
    • Basement: Daylight,Full
    • Number of fireplaces: 9
    Interior area
    • Total interior livable area: 1,848 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 18
    Lot
    • Size: 3.36 Acres
    • Dimensions: 514 x 302
    • Features: Cul-De-Sac
    Details
    • Parcel number: 40104000001500
    • Zoning description: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Belding

    Financial & listing details

    • Price per square foot: $1,353/sqft
    • Tax assessed value: $721,806
    • Annual tax amount: $44,158
    • Date on market: 4/14/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Water, Sewer, Gas
    • Electric utility on property: Yes
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