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Property Attributes
- MLS#2478839
- TypePending
- CountyBUCHANAN
- CitySt Joseph
- Area1121 - Buchanan Co SE-N=I-36 - S=Co Line - E=Co Li
- NeighborhoodPatee
- Zip64501
- Style
- Year Built1930
- Taxes$ 756
- Price$ 99,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.139991 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
You do not want to miss this beautiful brick six-unit apartment complex that has incredible potential for generating positive cash flow. With 4 studio units and 2 two bedroom units. The opportunity to own a property with such high earning potential is rare. After repairs you will be sure to see a steady stream of rental income, you can expect a reliable source of cash flow for years to come. Investing in this property offers not only financial benefits but also the satisfaction of owning multiple. The six-unit apartment complex currently has only one water meter, but potential buyers have the option to add additional water meters through American Water for a fee, which makes it a convenient choice. The owner's agent will be present for all showings, making it easier for interested parties to gather information and ask questions. Interested buyers are encouraged to call or text Courtney Grant for more information, as there will be no sign in the yard to indicate the availability of the property.
Price History | |
---|---|
3/22/2024 | Listed $120,000 |
5/2/2024 | 18% - $99,000 |
General Features
Sewer | City/Public |
---|---|
Heating | None |
Cooling | None |
Utilities | Master Meters |
Roof | Composition |
Zoning | R-4 |
Construction Materials | Brick |
Year Built | 1930 |
Property SubType | Apartment |
Assoc Fee Paid Per | None |
County | Buchanan |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | Patee |
Garage Y/N | No |
Status | Pending |
Directions | From Ashland Ave,turn right onto Frederic Ave,then turn left onto 22nd St,in about 2 miles turn right onto 22nd St,then left onto south 14th St,your destination will be on the right. |
City | St Joseph |
High School District | St. Joseph |
NumberOfUnitsTotal | 6 |
MLS Area | 1121 - Buchanan Co SE-N=I-36;S=Co Line; E=Co Line;W=I-29 |
Lot Size Units | Square Feet |
Lot Size Square Feet | 6098 |
Listing Terms | Cash,Other,Private |
Public Remarks | You do not want to miss this beautiful brick six-unit apartment complex that has incredible potential for generating positive cash flow. With 4 studio units and 2 two bedroom units. The opportunity t |
Standard Status | Pending |
In Flood Plain | Unknown |
HMS_MaintenanceProvidedYN | No |
Interior Features
Total Stories | 2 |
---|---|
Basement (Y/N) | Yes |
Air Conditioning Y/N | No |
Unit Type | 1 Bedroom,2 Bedroom,Efficiency |
Exterior Features
Parking Features | On Street,Other |
---|---|
Water Source | Public |
Lot Size Area | 6098 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool