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1298 Colfax Avenue
Benton Harbor, MI 49022
N/A Beds
N/A Baths
6,384 Sq Ft
1.69 ac Acres
1887 Year Built
19 Days on homefello
$257,900
Est. $1,707/mo
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About This Property
Exceptional investment opportunity with multiple income streams and significant upside potential! This unique property features two separate rental buildings on one parcel. The front building includes two 2-BR, 1-bath apts, with the upper unit currently leased at $900/mo and the lower unit vacant, offering the flexibility to generate additional rental income immediately or occupy the unit yourself. The rear building features multiple bedrooms, 1.5 baths, kitchen & laundry, creating additional income possibilities. Numerous capital improvements have already been completed, including exterior updates & partial roof replacement on the front building, a brand-new roof and updated electrical, furnace, and exterior repairs to the rear building, new sewer line to the street, updated kitchen and bathroom in the upper apartment. Whether you're looking to expand your investment portfolio or capitalize on a property with strong cash-flow potential, this is an opportunity you don't want to miss!
Listed by: Van Homes Team (269) 369-0948 eXp Realty
Source: MiRealSource MLS#: 70550919
Key Features
Central air conditioning
Inside the Home
6,384 sq ft of living space
Laundry: Common Area
Comfort & Climate
Forced Air, Natural Gas
None
Natural Gas Available
Outdoor Features
Wooded
Property Overview
Lot size: 1.6900 acres
Built in 1887
Multi-Family
Annual taxes: $6,884
Construction
Brick, Wood Siding
Foundation: Slab
Community
Berrien County
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From: 1298 Colfax Avenue, Benton Harbor 49022
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