$59,500
Benton Harbor, MI 49022
MLS# 24014537
Status: Active Backup
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Property Description
2 unit apartment house. Long term tenant on main floor. Roof replaced in 2023. Exterior painted in 2023. Updated electrical, separate electrical breaker boxes. Newer gas forced air furnace and electric water heater. Tenants pay their own heat and electric, owner pays water/sewer. Basement has kitchen and bathroom but not used by tenants. Main floor unit is 3 bedroom, rent is $425 month. Upper unit rents for $425 month. New sidewalks out front on both sides. Water main and line into subject replaced in 2023. Listing agents related to seller.
Details
Maps
Location & Property Info
County: Berrien
Street #: 555
Street Name: Baird
Suffix: Street
State: MI
Zip Code: 49022
Cross Streets: Empire Ave. and Clay St.
Property Sub-Type: 2 to 4 Units
Area: Southwestern Michigan - S
Municipality: Benton Harbor City
Ownership Type: Private Owned
Office/Contract Info
Status: Active Backup
Current Price: $59,500
List Price: $59,500
Auction or For Sale: For Sale
List Price/SqFt: 35.42
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord: 3
Trans Coord Type: %
Listing Date: 2024-03-27
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6534
Lot Acres: 0.15
Lot Dimensions: 50 x 127
Year Built: 1938
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2024-10-31
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1680
Total Parking Spaces: 4
Waterfront: No
School District: Benton Harbor
Tax Info
Tax ID #: 115282500036001
Taxable Value: 12999
SEV: 19400
For Tax Year: 2023
Annual Property Tax: 658
Tax Year: 2023
Spec Assessment & Ty: None known
Zoning: 401res
Remarks & Misc
Directions: Empire Ave to East on Monroe, corner of Monroe and Baird.
Legal: Lot 36 Van Horn & Morrows add to city of BH.
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 561
Gross Op. Inc.: 9975
Net Operating Income: 4819
Operating Expense: 5805
Unit 1
Unit #: 1
Unit Description: Main Floor Unit
SqFt: 935
Occupied: Yes
Monthly Rent: 425
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Upper Unit
SqFt: 745
Occupied: Yes
Monthly Rent: 425
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: None
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Corner Lot; Level
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas
Util Avail at Street: Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air; Space Heater
Air Conditioning: None
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Yes
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: Sep. Heat System
Unit 2: Sep. Heat System
Listing Office: Sunrise Real Estate, Inc.
Listing Agent: Brian Newton
Last Updated: April - 05 - 2024
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