$495,000 For Sale

308 S Mechanic Street
Berrien Springs, MI 49103

4 units | Multi Family Home
17389 sq ft lot - MLS# 25057067
Property Photo
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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.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Active
  • County/Area: Berrien County
  • Zip Code: 49103
  • Year Built: 1950
  • School District: Berrien Springs
  • Units: 4 units
  • Basement: Partial, Yes, Yes
  • # of Parking Spaces: 12
  • Lot Size: 17389 sq ft lot
  • Annual Utilities: 2919
  • Construction Materials: Brick
  • Cooling: Central Air, Wall Unit(s)
  • Cross Street: Julius
  • Directions: Ferry Street to SOUTH Mechanic
  • Driveway: Gravel
  • Extras: Garages, Sep Electric Meter, Sep Water Meter
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Insurance Expense: 1386
  • Lot Description: Level, Sidewalk
  • Lot Features: Level, Sidewalk
  • Lot Size Area: 0.4
  • Lot Size Square Feet: 17387
  • Lot Size Units: Acres
  • MLS Area Major: Southwestern Michigan - S
  • MLS Area Minor: Southwestern Michigan - S
  • Main Type: Multi Family
  • Number Of Buildings: 2
  • Number Of Diff Unit Floor Plans: 4
  • Owner Pays: Electricity, Gas, Trash Collection
  • Ownership: Private Owned
  • Parcel Number: 11-32-0340-0063-00-6
  • Parking Features: Gravel
  • Possession: Close Of Escrow
  • Road Frontage: 132
  • Road Surface Type: Paved
  • Roof: Composition
  • SEV: 129900
  • Sewer: Public Sewer
  • Spec Assessment Ty: $44 fire truck
  • Street Type: Paved, Public
  • Tax Annual Amount: 4097.04
  • Tax Legal Description: LOTS 63 & 64 ORIGINAL TOWN OF BERRIEN SPRINGS
  • Tax Year: 2024
  • Tenant Pays: Electricity, Water
  • Terms Available: Cash, Conventional, VA Loan
  • Total Approx Sq Ft All Bldgs: 3740
  • Township: Berrien Springs Vllg
  • Util Availat Street: Electricity Available, Natural Gas Available, Public Sewer, Storm Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Storm Sewer
  • Water Access: No
  • Water Source: Public
  • Zoning Description: R-3
Courtesy of Amy Biggins, ERA Reardon Realty
Source: Michigan Regional Information Center (MichRIC)
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