Courtesy of: Jessica Greub, BHHS Stein & Summers, jgreub@bhhsstein.com
Courtesy of: Jessica Greub, BHHS Stein & Summers, jgreub@bhhsstein.com
$225,000
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Lot: 0.29 Acres
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Quadruplex
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$225,000
605 Hall Street Fantastic investment opportunity in the heart of St. Joseph! Located on picturesque Hall Street, this fully remodeled 4-plex at 605 Hall St offers over 4, 600 sq ft of living space and all units occupied with annual leases. Fourplex includes two 1-bedroom units, one 2-bedroom unit, and one spacious 4-bedroom unit, generating $3, 200/month in rent with a strong cap rate over 12%. Built in 1880 and not on the historical registry, the property blends classic character with modern updates, including a full interior renovation in 2021 with new appliances, a roof mostly replaced 3 years ago, and a freshly recoated flat roof. Tenants pay their own gas and electric, while the owner covers water, sewer, and trash. Off-street parking is available in the rear, along with a detached garage historically recognized as the oldest carriage house in St. Joseph. Don’t miss this fully occupied, multi-family property with strong cash flow and long-term potential.
Courtesy of: Jessica Greub, BHHS Stein & Summers, jgreub@bhhsstein.com
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