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$ 299,900
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9,147 Sqft Lot
$ 299,900
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70542028
Year Built 1910
Annual Tax Amount $4,954
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 80 x 114
Property Sub-Type Multi-Family
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 Saint Joseph (11041)
Interior
Heating Forced Air
Exterior
Exterior Feature Other
Parking Features Additional Garage(s)
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Other
Schools
School District St Joseph Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
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