Investor alert! This charming two-story 4-plex offers strong cash flow and long-term tenant stability in the heart of St. Joseph. With classic curb appeal, a covered porch, and mature trees, this property is full of potential. The price has been lowered to reflect its fixer-upper condition. It needs work, but the bones are solid and the income is real. An inspection report is available upon request. This property is being sold as-is and will require updates. However, with an extensive interior remodel with all new appliances (Stoves, refrigerators, hot water heaters, furnaces) and 75% of roof replaced 5 years ago, multiple long-term tenants already in place and strong rental income, it's a great opportunity for a savvy investor. - Net Operating Income (NOI): $31,052 - Cap Rate: 15.53% - Tenants Pay: Gas & Electric - Owner Pays: Water, Sewer, Trash - Apt 1 $1,100 4 bed 2 full bath - Apt 2 $700 1 bed 1 bath - Apt 3 $800 2 bed 1 bath - Apt 4 $600 1 bed 1 bath
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
