$2,100,000
Belding, MI 48809
MLS# 25015204
Status: Sold
1 / 37
Property Description
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,
Details
Maps
Location Property Info
County: Ionia
Street #: 719
Street Name: Crawford
Suffix: Street
State: MI
Zip Code: 48809
Zip (4): 1215
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $2,100,000
List Price: $2,500,000
Listing Date: 2025-04-14
General Property Info
Lot Measurement: Acres
Lot Square Footage: 146362
Lot Acres: 3.36
Lot Dimensions: 514 x 302
Year Built: 1998
New Construction: No
Cert of Compliance: Yes
Road Frontage: 514
Total # Units: 18
# of Diff Unit Floor Plans: 1
Total # Bldgs: 9
Total Parking Spaces: 18
Waterfront: No
School District: Belding
Middle School: Belding Middle School
High School: Belding High School
Tax Info
Tax ID #: 401-040-000-015-00
Taxable Value: 721806
SEV: 956200
For Tax Year: 2024
Seller's Annual Property Tax: 44158.15
Tax Year: 2024
Spec Assessment & Ty: None known
Zoning: R-3
Remarks Misc
Directions: North from Belding road Bridge Street,right on Vincent to North on Crawford.
Status Change Info
Under Contract Date: 2025-04-24
Sold Date: 2025-07-11
Sold Price: $2,100,000
Access Feat
Accessibility Features: No
Unit 1
Unit Description: Duplex
Identical Units: 9
SqFt: 1848
Occupied: Yes
Monthly Rent: 955
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Vinyl Siding
Substructure: Daylight; Full
Lot Description: Cul-De-Sac
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Supplements
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!
Listing Office: Greenridge Realty (Lowell)
Listing Agent: Joshua McCracken
Last Updated: July - 14 - 2025
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