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18 Unit Apartment Building 917 Pearl St 18 Unit Apartment Building $3,438,110 CAD ($191,006 CAD/Unit) Saint Joseph, MI 49085
Investment Highlights
- Modern rooms
- Close to Downtown St. Joe
Executive Summary
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!
Property Facts
| Price | $3,438,110 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $191,006 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| No. Units | 18 | Building Size | 14,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R-2 - 201 Commerical | ||
| Price | $3,438,110 CAD |
| Price Per Unit | $191,006 CAD |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 14,000 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R-2 - 201 Commerical |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
| 2+1 | 12 | - | 800 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 11-76-0340-0425-00-8 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $617,206 CAD |
Property Taxes
Parcel Number
11-76-0340-0425-00-8
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$617,206 CAD
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18 Unit Apartment Building | 917 Pearl St
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