Description
Triplex in the heart of St. Joseph -- one of southwest Michigans most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the areas year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Josephs thriving downtown, top-rated schools,...read more and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesnt last -- schedule your showing today.