4737 Territorial Road, Benton Harbor, MI 49022

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Listing courtesy of Listing Agent: Anna Glassman from Listing Office: Glassman Real Estate.

List Price
$325,000
Status
ACTIVE
MLS#
26031712
Price Change
▼ $25,000 1784911331
Year Built
1920

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!

Additional Information

County
Berrien
Township
Benton Charter Twp
School District
Benton Harbor
Basement/Foundation
Michigan Basement, Partial
Acres
0.26
Water
Well
Sewer
Septic Tank
Heating
Baseboard
Cooling
Window Unit(s)
Taxes
$1,738
Property SubType
Multi Family

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