MLS # 26034193 (Michigan Regional Information Center (MichRIC))

Very rare opportunity to acquire a true 8-unit apartment complex. Sale includes 687 and 695 McGuigan. Each building has 4 units each for a total of 8 units. Several very long-term tenants and units do not stay vacant long when available. Currently one vacant unit in need of freshening up before renting. Units are all identical, approximately 424 sqft each, offering kitchen, living room, bath and 1 bedroom. Separate gas and electric each unit. Owner pays for water/sewer and trash. Please note there is a vacant lot to the west that appears to be additional parking. Seller does not own this lot, however it has been used over the years for parking and the dumpster location.
Source: SparkMLS
Listed at $214,900.
Property tax estimate: $2,650 per year ($221/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by Michigan Gas Utilities Corporation.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOT 6 & 7 MC DONALD & PACKARDS ADD TO CITY OF BENTON HARBOR
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Brian Newton
Sunrise Real Estate, Inc.
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
687 Mcguigan Avenue, Benton Harbor, MI 49022
View full property history →
Municipality
Benton Harbor
View all listings →
We'll notify you when something hits the market in Benton Harbor or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.