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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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 259,900
Est. payment | /mo

5,288 SqFt

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

5,288 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,288 sqft

Price per Sqft $49

Subdivision Mi

MLS Listing ID 70518313

Year Built 1887

Annual Tax Amount $6,884

Tax Year 2024

Lot Size 1.520 Acres

Acres 1.52

Lot Dimensions 223 x 297

Property Sub-Type Multi-Family

Property Description

Great income-producing investment opportunity with two separate rental buildings and strong upside potential. The front house features two 2-bedroom, 1-bath units with the upper unit currently leased at $900/month and the lower unit vacant, allowing immediate additional rental income. The rear building includes six individual rental rooms, shared kitchen, communal full bath, plus a half bath with laundry. Current rents total $2,450/month, not including the vacant unit or three empty rooms, leaving room for increased cash flow. Many updates completed including exterior improvements to the front house, partial roof replacement on the front house, new roof on the rear building, full sewer line replacement, updated kitchen and bath in the upper unit, and updated furnace and electrical in the rear building. Land Contract financing may be possible. Call for your private showing today!

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,Land Contract

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
Nearby Locations
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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1298 Colfax Avenue