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$350,000
Est. payment /mo
0.26 Acres Lot
New
4737 Territorial Road Benton Harbor, MI 49022-9276
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70541406
Year Built 1920
Annual Tax Amount $1,738
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 74 x 155
Property Sub-Type Multi-Family
Property Description
Turn-key investment opportunity in the heart of Millburg! This fully renovated four-unit property has undergone a down-to-the-studs transformation, including new insulation, windows, roof, updated electrical, updated plumbing, water heaters, kitchens, flooring, and more. With the major improvements already completed, this property is ready for its next owner to start leasing immediately. The building features two main-floor apartments and two upper-level apartments, including a studio-style unit with its own private exterior entrance. Each unit includes a refrigerator, stove, updated finishes, separate 100-amp electrical service, and its own water heater. The basement has been meticulously organized and labeled, making maintenance and management simple and efficient. Adding even more value, the property includes a large workshop/storage area with potential for additional income opportunities, such as a fifth unit (subject to approvals), shared laundry facility,
Location
State MI
County Berrien
Area Update
Rooms
Basement MI Basement
Interior
Heating Baseboard
Exterior
Exterior Feature Other
Building
Foundation Basement
Structure Type Other
Schools
School District Benton Harbor Area Schools
Others
Energy Description Electric
Financing Cash,Conventional

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Listed by Glassman Real Estate
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