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Sandi Smith

Trillium Real Estate

[email protected] +1(734) 216-6414

$ 259,900

Est. payment -/mo

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New

Benton Harbor, MI 49022

1.69 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality St. Joseph Twp

MLS Listing ID 26033559

Year Built 1887

Annual Tax Amount $6,884

Tax Year 2024

Lot Size 1.690 Acres

Acres 1.69

Lot Dimensions 223 x 297

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Exceptional investment opportunity featuring two separate rental buildings with multiple income streams and excellent value-add potential. The front building offers two 2-bedroom, 1-bath apartments, with the upper unit currently leased at $900 per month and the lower unit vacant, providing the opportunity for immediate rental income or owner occupancy. The rear building consists of six individual rental rooms, with a shared kitchen, full bath, separate half bath, and on-site laundry facilities. All rear units are currently vacant, giving a new owner the flexibility to establish market rents and select new tenants from the start. Numerous recent improvements have already been completed, including exterior updates to the front building, a partial roof replacement on the front, a new roof on the rear, new sewer line, updated kitchen and bathroom in the upper apartment, updated electrical and furnace in the rear building, along with exterior repairs. Don't miss this opportunity!

Location

State MI

County Berrien

Direction From Napier Ave, turn north on Colfax Ave. Home will be on your left.

Rooms

Basement Full, Slab

Interior

Heating Forced Air

Cooling None

Laundry Common Area, Main Level

Exterior

Parking Features Paved

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition,Rubber

Street Surface Paved

Total Parking Spaces 8

Building

Lot Description Ravine, Wooded

Structure Type Brick,Wood Siding

New Construction No

Schools

School District Benton Harbor

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by eXp Realty