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$299,900
Est. payment /mo
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 69026032334
Year Built 1910
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type MultiFamily
Property Description
Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.
Location
State MI
County Berrien
Area Area94062Stjoseph
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace No
Laundry InBasement
Exterior
Parking Features Concrete, Garage
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer, Sewer At Street, Storm Drain
Water Public
New Construction No
Schools
School District St Joseph
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Matt Sieber of Realty Executives Instant Equity
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