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4737 Territorial RD Benton Charter Twp, MI 49022
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 69026031712
Year Built 1920
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type MultiFamily
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!
Location
State MI
County Berrien
Area Area94041Bentontwp
Rooms
Basement Partial
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Fireplace No
Laundry None
Exterior
Parking Features SharedDriveway, Unpaved
Utilities Available ElectricityConnected
View Y/N No
Building
Lot Description CornerLot
Foundation MichiganBasement
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Benton Harbor
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Anna Glassman of Glassman Real Estate