$495,000
Berrien Springs, MI 49103
MLS# 25057067
1 / 54
Property Description
This historical brick building was once a school. With solid construction, this is now a meticulously maintained 4 unit rental home with pride of ownership showing in every corner. 3- 2 bedroom units 1- 1 bedroom unit. Roof updated in 2014 and 2020. New furnace/AC in 2016. Tenants pay own electric (5 meters) and water (4 meters). All 4 units currently rented (July 31, 2026) and have substantial growth potential! 48x20 outbuilding houses 4 garage stalls that can be rented to residents or separately- and an additional tool/storage area for supplies. Conveniently located near the heart of the city and the St Joseph River, these units rent easily.
Details
Maps
Location Property Info
County: Berrien
Street #: 308
Street Direction: S
Street Name: Mechanic
Suffix: Street
State: MI
Zip Code: 49103
Area: Southwestern Michigan - S
OfficeContract Info
Status: Active
Current Price: $495,000
List Price: $495,000
Listing Date: 2025-11-06
General Property Info
Lot Measurement: Acres
Lot Square Footage: 17387
Lot Acres: 0.4
Lot Dimensions: 132 x 132
Year Built: 1950
New Construction: No
Road Frontage: 132
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 3740
Total Parking Spaces: 12
Waterfront: No
School District: Berrien Springs
Elementary School: Mars Elementary School
Middle School: Berrien Springs Middle School
High School: Berrien Springs High School
Association YN: No
Tax Info
Tax ID #: 11-32-0340-0063-00-6
Taxable Value: 72498
SEV: 129900
For Tax Year: 2024
Seller's Annual Property Tax: 4097.04
Tax Year: 2024
Spec Assessment & Ty: $44 fire truck
Zoning: R-3
Remarks Misc
Directions: Ferry Street to SOUTH Mechanic
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 1386
Annual Utilities: 2919
Unit 1
Unit #: 1
Unit Description: Upper Right
SqFt: 754
Occupied: Yes
Monthly Rent: 700
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Lower Right
SqFt: 648
Occupied: Yes
Monthly Rent: 685
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Upper Left
SqFt: 575
Occupied: Yes
Monthly Rent: 685
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: Lower Left
SqFt: 575
Occupied: Yes
Monthly Rent: 550
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: None
Exterior Material: Brick
Roofing: Composition
Substructure: Partial
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Storm Sewer
Extras: Garages; Sep Electric Meter; Sep Water Meter
Owner Pays: Electricity; Gas; Trash Collection
Tenant Pays: Electric; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air; Wall Unit(s)
Driveway: Gravel
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Central Air; Garage; Range Oven; Refrigerator
Unit 2: Central Air; Garage; Range/Oven; Refrigerator
Unit 3: Range/Oven; A/C Unit; Central Air; Garage; Refrigerator
Unit 4: Central Air; Garage; Range/Oven; Refrigerator
Listing Office: ERA Reardon Realty
Listing Agent: Amy Biggins
Last Updated: January - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.