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$257,900
Est. payment /mo
6,384 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 6,384 sqft
Price per Sqft $40
MLS Listing ID 69026041256
Year Built 1887
Lot Size 1.690 Acres
Acres 1.69
Property Sub-Type MultiFamily
Property Description
Exceptional investment opportunity with multiple income streams and significant upside potential! This unique property features two separate rental buildings on one parcel. The front building includes two 2-BR, 1-bath apts, with the upper unit currently leased at $900/mo and the lower unit vacant, offering the flexibility to generate additional rental income immediately or occupy the unit yourself. The rear building features multiple bedrooms, 1.5 baths, kitchen & laundry, creating additional income possibilities. Numerous capital improvements have already been completed, including exterior updates & partial roof replacement on the front building, a brand-new roof and updated electrical, furnace, and exterior repairs to the rear building, new sewer line to the street, updated kitchen and bathroom in the upper apartment. Whether you're looking to expand your investment portfolio or capitalize on a property with strong cash-flow potential, this is an opportunity you don't want to miss!
Location
State MI
County Berrien
Area Area94061Stjosephtwp
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry CommonArea, MainLevel
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition, Rubber
Building
Lot Description HillyRavine, Wooded
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Benton Harbor
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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