$220,000
Investor opportunity with built-in income in a highly desirable and centrally located area of St. Joseph! This well-maintained up/down duplex offers separate utilities for each unit, making management simple and expenses predictable, and features a newer roof that was completely replaced in March 2024 for added peace of mind. The furnished upper unit is currently operated as a varied-term rental and is full of character and charm, featuring freshly painted interiors, refinished hardwood floors, original hardwood doors, updated flooring in the kitchen and bathroom, and private access to a balcony. Income from the upper unit varies based on occupancy and rental term but has averaged approximately $1,300 per month. The lower unit is a well-maintained 2-bedroom apartment occupied by a long-term month-to-month tenant currently paying $1,000 per month, with the tenant covering all utilities. Additional features include two car detached garages with convenient alley access, a rear patio area perfect for outdoor enjoyment, and ample street parking in front of the property. Lawn care and trash service are currently included in the rent, adding to the property's appeal. Ideally situated near downtown St. Joseph, major medical facilities, shopping centers, restaurants, coffee shops, parks, schools, and local entertainment, this property offers convenient access to everyday amenities that tenants are looking for. Whether you're searching for a turnkey investment property, duplex for sale, income-producing rental, cash-flowing multi-family property, house-hack opportunity, or a furnished rental investment, this versatile duplex delivers strong income potential, character, and location all in one package. If you are looking to owner occupy a unit, 2 months notice is needed for 2406 to be ready for move in.
2404-6 Faraon Street, St Joseph
Listing courtesy of Serena Bales of KW KANSAS CITY METRO.