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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$257,900
Est. payment /mo
2 Baths
1.69 Acres Lot
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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

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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