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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 257,900

Est. payment | -/mo

6,384 SqFt

Save

$ 257,900

Est. payment | -/mo

Save

6,384 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 6,384 sqft

Price per Sqft $40

MLS Listing ID 69026041256

Year Built 1887

Lot Size 1.690 Acres

Acres 1.69

Property Sub-Type MultiFamily

Property Description

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!

Location

State MI

County Berrien

Area Area94061Stjosephtwp

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry CommonArea, MainLevel

Exterior

Parking Features Paved

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition, Rubber

Building

Lot Description HillyRavine, Wooded

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Benton Harbor

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Van Homes Team of eXp Realty

Schools and Properties Nearby

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

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

Learn More About LPT Realty

1298 Colfax AVE St. Joseph Twp, MI 49022