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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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$257,900
Est. payment /mo
2 Baths
1.69 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality St. Joseph Twp

MLS Listing ID 26041256

Year Built 1887

Annual Tax Amount $6,884

Tax Year 2025

Lot Size 1.690 Acres

Acres 1.69

Lot Dimensions 233 x 297

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

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

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 8

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

Listing Terms Cash, Conventional

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Listed by eXp Realty

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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