1298 Colfax Avenue, Benton Harbor, MI 49022-5910
1298 Colfax Avenue, Benton Harbor, MI 49022-5910
1298 Colfax Avenue, Benton Harbor, MI 49022-5910
1298 Colfax Avenue, Benton Harbor, MI 49022-5910
1298 Colfax Avenue, Benton Harbor, MI 49022-5910
1298 Colfax Avenue, Benton Harbor, MI 49022-5910
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David Godin

David Godin

+1(586) 416-0600
$ 259,900
Est. payment | /mo

6,384 SqFt

Save
$ 259,900
Est. payment | /mo
Save

6,384 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,384 sqft

Price per Sqft $40

Subdivision Mi

MLS Listing ID 70543240

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 Multi-Family

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 St Joseph Twp (11019)

Interior

Heating Forced Air

Cooling None

Exterior

Exterior Feature Brick, Wood

Amenities Available Laundry Facility

Building

Lot Description Ravine, Wooded

Foundation Basement, Slab

Structure Type Brick,Wood

Schools

School District Benton Harbor Area Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by eXp Realty

Schools and Properties Nearby

David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

Learn More About LPT Realty

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1298 Colfax Avenue