$350,000
Benton Harbor, MI 49022
MLS# 26031712
1 / 39
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,
Details
Maps
Location & Property Info
Cross Streets: Third Street
Property Sub-Type: 2 to 4 Units
Municipality: Benton Charter Twp
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 74 x 155
Road Frontage: 74
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Parking Spaces: 5
School District: Benton Harbor
Lot Measurement: Acres
Lot Square Footage: 11536
Lot Acres: 0.26
Year Built: 1920
Tax Info
Taxable Value: 33961
SEV: 52300
For Tax Year: 2025
Seller's Annual Property Tax: 1738.4
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None Known
Tax ID #: 11-03-5020-0037-00-2
Remarks & Misc
Public Remarks: 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,
Legal: ENTIRE LOT 37 & THE E 10' OF LOT 36 & THE S 6' OF E 76' OF LOT 32 TOWN OF MILLBURG
Lot Description
Corner Lot: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Utilities Attached
Electricity Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
None: 1
Exterior Material
Other: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Shared Unpaved: 1
Substructure
Michigan Basement: 1
Partial: 1
Owner Pays
Trash Collection: 1
None: 1
Unit 1
Unit #: 3
Unit Description: Main
SqFt: 500
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Main
SqFt: 572
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 4
Unit Description: Upper
SqFt: 496
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 4
Unit #: 5
Unit Description: Upper Studio
SqFt: 496
Monthly Rent: 800
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Berrien
Street #: 4737
Street Name: Territorial
Suffix: Road
State: MI
Zip Code: 49022
Zip (4): 9276
OfficeContract Info
Status: Active
Current Price: $350,000
List Price: $350,000
Listing Date: 2026-06-25
Remarks Misc
Directions: Corner of Territorial Rd and Third Street in Millburg
Property Features
Laundry Features: None
Exterior Material: Other
Substructure: Michigan Basement; Partial
Lot Description: Corner Lot
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected
Util Avail at Street: Electricity Available; Natural Gas Available
Owner Pays: Trash Collection; None
Tenant Pays: Electric
Heat Source: Electric
Heat Type: Baseboard
Air Conditioning: Window Unit(s)
Driveway: Shared Unpaved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Unit 4: Range/Oven; Refrigerator
Supplements
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!
Listing Office: Glassman Real Estate
Listing Agent: Anna Glassman
Last Updated: June - 25 - 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.