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$ 259,900
Est. payment | /mo
6,384 SqFt
$ 259,900
Est. payment | /mo
6,384 SqFt
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 69026033559
Year Built 1887
Lot Size 1.690 Acres
Acres 1.69
Property Sub-Type MultiFamily
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
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
Special Listing Condition Standard
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Listed by Van Homes Team of eXp Realty
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