1298 Colfax Avenue, Benton Harbor, MI 49022
1298 Colfax Avenue, Benton Harbor, MI 49022
1298 Colfax Avenue, Benton Harbor, MI 49022
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$259,900
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1.52 Acres Lot
Active

1298 Colfax Avenue Benton Harbor, MI 49022

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Lilian Felix

Lilian Felix

+1(616) 337-7418

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality St. Joseph Twp

MLS Listing ID 26008632

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 5+ Units

Source Michigan Regional Information Center (MichRIC)

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

Direction From Napier Ave, turn north on Colfax Ave. Home will be on your left.

Rooms

Basement Full, Slab

Interior

Heating Forced Air

Cooling None

Laundry Common Area, Main Level

Exterior

Parking Features Paved

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition,Rubber

Street Surface Paved

Total Parking Spaces 7

Building

Lot Description Ravine, Wooded

Structure Type Brick,Wood Siding

New Construction No

Schools

School District Benton Harbor

Others

Tax ID 11-18-0125-0006-00-6

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

Listed by eXp Realty

NEARBY SCHOOL & BUSINESS

Lilian Felix
Lilian Felix

Agent | License ID: 6501433130

+1(616) 337-7418 | lilian@lilianfelix.com

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1298 Colfax Avenue