3809 Saint Joseph Ave - Apartments FOR SALE


Saint Joseph, MO 64505
$340,000 USD
816-232-2000
3809 Saint Joseph Ave, Saint Joseph, MO for Sale
$340,000 USD
Apartments - FOR SALE
1/1
null | 14.26% Cap Rate

3809 Saint Joseph Ave
Saint Joseph, MO 64505


OVERVIEW

Great Investment Opportunity! Welcome to 3809 St Joe Avenue, a fantastic multifamily property primed to generate income! This well-maintained building is home to long-term tenants and offers a solid investment opportunity with five of its six units fully renovated. Each of the updated units features fresh white paint and luxury vinyl plank or hardwood flooring, bringing a modern and vibrant feel to the space. With these upgrades, the property is ready for continued success. For added convenience, the building includes on-site laundry in the basement, making it even easier for tenants to enjoy a hassle-free living experience. The new porch acts as an inviting common space for Units 1 through 4. The large gravel parking area to the south has ample space for your tenants' vehicles. Whether you're an experienced investor or just getting started, this property offers the potential for steady cash flow. Don’t miss out on this income-generating opportunity – schedule a tour today!

FOR SALE DETAILS

PRICE

$340,000 USD

PRICE/SF

$57 USD /SF

# OF UNITS

6

PRICE/UNIT

$56,667

CAP RATE

14.26%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

R-4

APN/PARCEL ID

03-9.0-32-001-000-043.001

ASK ABOUT THIS PROPERTY

Adam SteinBHHS Stein & Summers Real EstateMore Info
816-232-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Adam SteinBHHS Stein & Summers Real EstateMore Info
816-232-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.