Belding MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,450
Status:
Active
Beds:
n/a
Lot size:
1.55 Acres
Year built:
1900
Baths:
MLS#:
70436548

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
1,480
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1920
Baths:
MLS#:
70432476

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1920
Baths:
MLS#:
65024050030

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1920
Baths:
MLS#:
24050030

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2024 Realcomp II Ltd. Shareholders.
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, noncommercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Michigan Regional Information Center, LLC. All rights reserved.



Belding Real Estate

The median home value in Belding, MI is $202,400. This is lower than the county median home value of $202,800. The national median home value is $338,100. The average price of homes sold in Belding, MI is $202,400. Approximately 59.48% of Belding homes are owned, compared to 37.74% rented, while 2.78% are vacant. Belding real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Belding real estate agent to arrange a tour today!

Belding, Michigan 48809 has a population of 6,070. Belding 48809 is less family-centric than the surrounding county with 28.58% 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 48809 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 48809 is 35.1 years.

Belding Weather

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.

Belding Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    45
    30-day change

Belding Schools and Demographics

Education near Belding, MI

Metric City County
High School Graduates 89.31 91.52
College Degree - 2 year 9.78 10.49
College Degree - 4 year 12.28 16.07
Graduate Degree 3.25 3.71
Expenditures per Student 13,719 13,719
Students per Teacher 17.8 17.8

Elementary Schools near Belding, MI

School Grades Students P/T Ratio ZIP
Baldwin Heights School KG - 05 517 21.7 48838
Bushnell Elementary School PK - 01 281 15.2 49331
Cedar Crest Elementary School PK - 05 301 14.4 48838
Cherry Creek Elementary School 02 - 05 492 18.5 49331
Ellis Elementary School KG - 02 415 18.4 48809
Grattan Academy - Elementary KG - 06 101 16.2 48809
Lincoln Heights Elementary School KG - 05 451 19 48838
Murray Lake Elementary School PK - 05 452 19.6 49331
Saranac Elementary School PK - 06 535 15.9 48881
Walnut Hills Elementary School KG - 05 399 19.1 48838
Woodview Elementary School 03 - 05 428 17.8 48809

Middle Schools near Belding, MI

School Grades Students P/T Ratio ZIP
Belding Middle School 06 - 08 465 18.3 48809
Lowell Middle School 06 - 08 837 20.7 49331
Threshold Academy KG - 05 163 16 48865

High Schools near Belding, MI

School Grades Students P/T Ratio ZIP
Belding High School 09 - 12 654 21.4 48809
Grattan Academy - Middle/High School 07 - 12 148 17.4 48838
Lowell Senior High School 09 - 12 1,185 20.8 49331
Saranac Junior/Senior High School 07 - 12 479 20.4 48881

Ungraded Schools near Belding, MI

School Grades Students P/T Ratio ZIP
* Belding Adult and Community Education 09 - 12 0 48809
* Greenville Senior High School 09 - 12 1,144 21.1 48838
* Unity Alternative School 09 - 12 26 21.7 49331
* West Michigan Virtual - Greenville 09 - 12 90 22.5 48838
ISD/Local Center Programs KG - 12 75 3.1 48838
Seiter Education Service Center KG - 12 53 4.2 48838

Demographics near Belding, MI 48809

Metric Zip Code City
Neighborhood Type Small town
Population 6,070 66,564
Population Density 1,285 117
Median Age 35.1 39
People per Household 2.9 2.8
Median Household Income 48,166 64,436
Average Income per Capita 20,841 27,317