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Jenn Smart

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1298 Colfax , Benton Harbor, MI 49022
$249,900
Est. Payment: $1,302.26/mo
0 Bed
0 Bath
6384 Sqft
Status: active | Days on site: 21
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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!

Highlights

Listed by Van Homes Team , (269) 369-0948 eXp Realty , (888) 501-7085. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
1.69

Year Built

1887

County

Berrien

Area

St Joseph Twp (11019)

School District

Benton Harbor Area Schools

Listing ID

70550919

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:6384

Exterior Features

Lot:Ravine,Wooded
Lot Dimensions:233 x 297
Principal Interest
$1,302
Taxes
$574

Home Price

$249,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$49,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,302.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,302.26 $573.67 $0.00 $1,875.93
Yearly $15,627.16 $6,884.00 $0.00 $22,511.16
Total $468,814.92 $206,520.00 $0.00 $675,334.92
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Benton Harbor, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T01:10:54.300Z

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