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Additional details
$ 2,495,000
Est. payment /mo
New
917 Pearl ST St. Joseph City, MI 49085
18 Baths
14,086 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 14,086 sqft
Price per Sqft $177
MLS Listing ID 65026043546
Year Built 1910
Lot Size 0.810 Acres
Acres 0.81
Property Sub-Type BusinessandRealEstate
Property Description
Prime St. Joseph investment opportunity! This well-positioned 18-unit apartment building offers an excellent opportunity to own a sizable multifamily asset. Located near the vibrant downtown St. Joseph area, Lake Michigan beaches, shopping, dining, parks, and local amenities, the property provides strong potential for both investors and owner-operators. With 18 units under one roof, this property offers attractive economies of scale and the opportunity to maximize rental income through thoughtful management and continued improvements. St. Joseph's strong rental demand, desirable location, and proximity to Lake Michigan make this an exciting addition to a multifamily portfolio. Opportunities of this size and location are rarely available in St. Joseph. Schedule your showing today!Building gutted to studs, totally remodeled. All new electric, separate meters with tenants paying electric. Washer & dryer in units. 18 total parking spaces (4 rented from church, 14 belong to apartment).
Location
State MI
County Berrien
Area Area94062Stjoseph
Interior
Heating Natural Gas, Steam
Fireplace No
Exterior
Parking Features Concrete
Utilities Available CableConnected, ElectricityConnected
View Y/N No
Roof Type Rubber
Building
Foundation BrickMortar
Sewer Public Sewer
Water Public
New Construction No
Schools
School District St Joseph
Others
Ownership LLC
Acceptable Financing Cash, Conventional, Lease
Listing Terms Cash, Conventional, Lease
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Listed by John Zuluaga-Torres of Keller Williams GR East
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