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Nathaniel Richards

nate@reagentnathaniel.com +1(734) 299-1209

$ 350,000

Est. payment | -/mo

0.26 Acres Lot

Save

$ 350,000

Est. payment | -/mo

Save

0.26 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Benton Charter Twp

MLS Listing ID 26031712

Year Built 1920

Annual Tax Amount $1,738

Tax Year 2025

Lot Size 0.265 Acres

Acres 0.26

Lot Dimensions 74 x 155

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

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, or tenant storage space. Situated on a corner lot with a generous side yard and dedicated parking, this property offers flexibility and strong income potential. With only exterior siding left to complete, the hard work has already been done--now it's time to lease and collect rents! or tenant storage space. Situated on a corner lot with a generous side yard and dedicated parking, this property offers flexibility and strong income potential. With only exterior siding left to complete, the hard work has already been done--now it's time to lease and collect rents!

Location

State MI

County Berrien

Direction Corner of Territorial Rd and Third Street in Millburg

Rooms

Basement Michigan Basement, Partial

Interior

Heating Baseboard

Cooling Window Unit(s)

Laundry None

Exterior

Utilities Available Natural Gas Available, Electricity Available, Electricity Connected

View Y/N No

Street Surface Paved

Total Parking Spaces 5

Building

Lot Description Corner Lot

Sewer Septic Tank

Water Well

Structure Type Other

New Construction No

Schools

School District Benton Harbor

Others

Tax ID 11-03-5020-0037-00-2

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Glassman Real Estate

Schools and Properties Nearby

Nathaniel Richards

Realtor | License ID: 6501446715

+1(734) 299-1209 | nate@reagentnathaniel.com

4737 Territorial Road Benton Harbor, MI 49022

Nathaniel Richards

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

4737 Territorial Road