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Listed by Omar Herrera • Platinum Realty LLC
$195,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2638310
Year Built 1922
Annual Tax Amount $3,206
Lot Size 0.269 Acres
Acres 0.26928374
Property Sub-Type Duplex
Source hmls
Property Description
Excellent investment opportunity in St. Joseph! This spacious brick duplex offers 3 bedrooms and 1.5 bathrooms on each side, providing an attractive unit mix for investors and tenants alike. Each unit currently rents for *$975 per month*, generating *$1,950 in monthly gross rental income*. Inside, both sides offer generously sized living spaces, large kitchens, dedicated dining areas, ample natural light and a combination of wood and wood-look flooring. The property also features basement space for additional storage and a large rear deck overlooking the yard. The classic brick exterior gives the property plenty of character, while the functional floor plans and three-bedroom layouts provide excellent long-term rental potential. Conveniently located near Downtown St. Joseph, Frederick Avenue, local parks, shopping and everyday amenities, with easy access to I-229 and US-36 for commuters. Whether you're looking to expand an existing rental portfolio or purchase your first multifamily investment, this property offers two income-producing 3-bedroom units for under $200,000.
Location
State MO
County Buchanan
Zoning R-4
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Laundry In Basement
Exterior
Parking Features false
Utilities Available Multi-Unit Heat/Air
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Lindbergh
Middle Schools Robidoux
High Schools Lafayette
School District St. Joseph
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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