4

Days on homefello

1887

Year Built

$53

Price Per Sqft

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Price vs Median

Could you see yourself in this home?

Wooded Lot

Full Home 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.

Listed by Van Homes Team · eXp Realty · (888) 501-7085

Inside the Home
  • Laundry: Common Area

Comfort & Climate
  • Forced Air, Natural Gas

  • None

  • Natural Gas Available

Outdoor Features
  • Wooded

Property Overview
  • Lot size: 1.5200 acres

  • Built in 1887

  • Multi-Family

  • Annual taxes: $6,884

Construction
  • Brick, Wood Siding

Community
  • Berrien County

Estimate Your Mortgage Payment
Offer Purchase Price

$

List Price Offer
Down Payment

$

%

No PMI
Loan Type
Loan Term
Zip Code
Interest Rate

%

Default area avg

Property Tax (%)
Home Insurance ($/yr)
HOA ($/mo)

Monthly Mortgage
$1,738
/mo

Principal & Interest:

$1,358

Taxes:

$280

Insurance:

$100

HOA Fees:

$0

Loan Types You May Qualify For
FHA Loans
  • 3.5% down payment
  • Lower credit scores

VA Loans (Veterans)
  • $0 down payment
  • No PMI
  • Often lower rates

Conventional Loans
  • Good for great credit
  • May not require PMI
First-Time Buyer Programs
  • Low down payment
  • Reduced rates
Down Payment Assistance
  • Forgivable loans & grants
  • DPA programs

Rating

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Reported Incidents (Last 5 Years)

From: 1298 Colfax Avenue, Benton Harbor 49022

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IDX provided courtesy of Realcomp II Ltd. via GoodHome Realty and MLS. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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The data relating to real estate properties on this website was last updated as recently as .

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.