$ 279,900
-
$279,900
Price -
0
Bed -
0
Bath -
5,288
SqFt
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About the Listing 83847 - 691427,584973
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.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
70518313
Year Built
1887
Total Square Footage
5,288
Lot/Acreage
1.52
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5288
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Ravine,Wooded
- Garage Capacity: N/A
- Lot Dimensions: 223 x 297
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $6,884
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
1298 Colfax Benton Harbor, MI 49022
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