$2,500,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
3.36
Open Houses
-
year built
1998
Full Baths
0
Half Baths
0
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!
Location | |
Subdivision | - |
County | Ionia |
Elementary School | - |
Middle School | Belding Middle School |
High School | Belding High School |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25015204
Listing agent:
Joshua M Mccracken
Listing broker:
Greenridge Realty Inc.
(616) 974-5042
Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, April 25 2025 at 2:00 p.m. EDT
Kotohomes National
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