MI > Ionia > Belding > 1407 W Ellis Avenue

Sold

1407 W Ellis Avenue Map / directions

Belding, MI

48809 Market info

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  • 12 Units
  • MLS# 23026738
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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
Rare opportunity to own a 12 unit apartment building in a strong suburban location just outside Grand Rapids. There is a coin operated laundry (Property owned) in each building. Tenants pay for electric, and Owner pays for heat (boiler), water/sewer and trash. Value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense. Most leases are month-month and are well below market rates. These buildings are very well maintained and all have new roofs, hot water heater and boiler work. In addition, most of the units have: newer flooring, appliances, updated bathrooms and more. With limited market rate product in Belding, the ability to expand and build more units makes this property an incredible value add opportunity.

Property Information

Status
Sold 
Address
1407 W Ellis Avenue 
City
Belding 
Zip
48809 
Year Built
1970 
Possession
Close Of Escrow 
County
Ionia 
Total No of Units
12 

School Information

School District
Belding 

Taxes

Taxes
$9,027 

Rooms and Land

Total Acres
3.01 

Features

Basement
Slab 
Heating
Baseboard, Natural Gas 

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years
annual
annual
  • Property History
  • Schools Information
  • Local Business
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
23026738 Sold Pending Aug 29 2023 11:34AM $975,000 6
23026738 Pending Active Aug 2 2023 10:05AM 6
23026738 Active Jul 26 2023 11:33AM $1,099,000 6
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MISWMRIC Logo

Listing Courtesy of Moxie Real Estate + Development
Office Address 7282 Old Mission Drive Ne
Listing Agent Shawn Jacobs

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Our Michigan real estate agents can answer all of your questions about 1407 W Ellis Avenue, Belding MI 48809. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Belding, Michigan real estate market. To sell or buy a home in Belding, Michigan, contact our real estate agents as we know the Belding, Michigan real estate market better than anyone with over 100 years of experience in Belding, Michigan real estate for sale.

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1407 W Ellis Avenue Belding
Contact us
$1,099,000
Sold • No. of Units: 12