St Joseph, MO 64501,605 Hall ST
St Joseph, MO 64501,605 Hall ST
St Joseph, MO 64501,605 Hall ST
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$200,000
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0.29 Acres Lot
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605 Hall ST St Joseph, MO 64501

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2557693

Year Built 1880

Annual Tax Amount $984

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 94 x 134

Property Sub-Type Quadruplex

Source hmls

Property Description

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

Location

State MO

County Buchanan

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Appliance Refrigerator, Electric Range, Gas Range

Exterior

Exterior Feature Balcony

Parking Features true

Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Humboldt

Middle Schools Robidoux

High Schools Lafayette

School District St. Joseph

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Heartland MLS KS / Southeast Kansas AOR

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Abby Powers

Abby Powers

Agent | License ID: 2017015953

+1(816) 295-9835

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605 Hall ST