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Multiplex For Sale By Owner
Lower Your Mortgage Pmts with Owner Occupied Income Property
8862 Kephart Lane , Berrien Springs, Michigan 49103 United States
Description
Berrien Springs - Oronoko Township: - Split-Level 3 Bedroom Home with 2 apartment units. Studio apt and 1 bedroom apt on lower level. Rent one or both units, or use as part of main home. Total 3,376 sq feet of living space. - Two bathrooms in main house and one bathroom in each apt. - Excellent rental opportunities with walking distance to Andrews University. Consistent occupancy by university students. - Large fenced in back yard overlooking a small pond in established residential neighborhood. - Two car attached garage, separate driveway for 1 bedroom apt, separate entrances for each apt, fireplace in main house, large family room (576 sq ft). - Good income potential to offset mortgage payment. - Good starter home for first time home owner or buyers wanting rental investment property. Needs interior cosmetic work such as painting and carpet in main house. 1995-B-Dry water proofing installed in lower level. No water problems since. 2004-septic system replaced. 2005-new roof. 2007-replaced carpet in both apartments. 2008-new central air conditioner. 2010-windows replaced in efficiency apt. 2011-exterior painted and new so-fits installed. Summer taxes approx $3,200. Winter taxes approx $600. All units are currently rented. No land contracts or "rent to own" option Willing to negotiate following an appraisal. Will consider all reasonable offers.
Price: | $209,000 |
Property Sub-Type: | Multiplex |
Year Built : | 1967 |
Listing ID: | 1768 |
Map of: 8862 Kephart Lane , Berrien Springs, Michigan 49103 United States