400 La Salle Avenue, St. Joseph, MI 49085
- $299,900
- List Price
- $299,900
- Days on Market
- 31
- MLS#
- 26032334
- Status
- ACTIVE
- 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.
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Additional Information
- Owner Pays
- Gas, Water
- Taxes
- $4,954
- Acres
- 0.21
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- St. Joseph
- Sewer
- Public Sewer
- Tenant Pays
- Electricity
- Total Parking Spaces
- 3
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Matt Sieber from Listing Office: Realty Executives Instant Equity.
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