$189,900
Buchanan, MI 49107
MLS# 23139305
1 / 18
Property Description
With the NEW Conventional loan rules, contact your lender NOW to verify you qualify for a 5% down payment investment property loan!! Live in one unit, lease the other unit & your mortgage payment is LESS THAN RENT!! New roof, fenced in backyard located in the desirable Buchanan School District. Smart floor plan is mirrored in each unit with spacious living room, eat in Kitchen with slider door to the backyard, in unit laundry. Both units include range, refrigerator, washer & dryer. Replacement windows, laminate floors & remodeled Kitchens and Bathrooms offer move in ready condition. Sewer line from home to street replaced April 2024. 2 long term tenants currently leasing the property. Great investment potential in this turn key property!
Details
Maps
Documents
Location & Property Info
County: Berrien
Street #: 106
Street Name: Arctic
Suffix: Street
State: MI
Zip Code: 49107
Zip (4): 1323
Cross Streets: Main St
Property Sub-Type: 2 to 4 Units
Area: Southwestern Michigan - S
Municipality: Buchanan City
Office/Contract Info
Status: Active
Current Price: $189,900
List Price: $189,900
Auction or For Sale: For Sale
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord: 3
Trans Coord Type: %
Listing Date: 2023-10-16
General Property Info
Lot Measurement: Acres
Lot Square Footage: 9363
Lot Acres: 0.21
Lot Dimensions: 66 x 140
Year Built: 1967
New Construction: No
Road Frontage: 66
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 6
Waterfront: No
School District: Buchanan
Tax Info
Tax ID #: 11-58-2500-0030-00-0
Taxable Value: 42900
SEV: 42900
For Tax Year: 2023
Annual Property Tax: 2365
Tax Year: 2023
Spec Assessment & Ty: NKATOL
Remarks & Misc
Directions: N on Main St to E on Arctic. 3rd property on your right.
Legal: LOT 30 THOMAS M FULTONS PLAT ADJOINING THE CITY OF BUCHANAN ALSO THE N1/2 OF VACATED ALLEY LYING S OF SD DESC PER 920/444 & 445
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: 1
SqFt: 850
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 2
SqFt: 850
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Main Level
Exterior Material: Vinyl Siding; Other
Substructure: Slab
Lot Description: Level; Sidewalk
Sewer: Public
Water: Public
Utilities Attached: Electric
Util Avail at Street: Broadband
Extras: Sep Electric Meter
Owner Pays: None
Tenant Pays: Electric; Sewer; Trash; Water
Heat Source: Electric
Heat Type: Baseboard
Air Conditioning: Window Unit(s)
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 2: Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
LBP Disclosure 
Listing Office: The Home Source Group
Listing Agent: Carolee Dalrymple
Last Updated: April - 17 - 2024
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