$899,900
6 months on market
10,800 sqft
MLS® # HMS2530147
Description
**** SAMPLE DATA **** Don’t miss this incredible investment opportunity! This 32-unit multifamily property consists of six buildings, with 16 studio apartments (two 8-unit buildings) and 16 one-bedroom, one-bath apartments (four buildings). The property is currently undergoing a complete renovation and has been taken down to the studs, allowing for modern upgrades and a fresh start for future tenants. Major renovation work already completed includes new plumbing and wiring in most units, brand-new TPO roofing on all buildings, and new windows installed in select units. Each unit features its own electric meter, ensuring tenants cover their own electricity costs. The owner covers water for the studio units, while the one-bedroom units have separate water meters. This is a rare chance to acquire a partially completed project in a prime location, with significant capital improvements already in place. Finish the renovations to your vision and unlock the full potential of this income-generating property! **** SAMPLE DATA ****
128 - 148 Park Lane, St Joseph
Home Details
Category
Condo
Style
Residential Income
Type
Apartment
Status
New
Days on Market
184 Days Ago
List Date
Jan 24, 2026
Last Updated On
Feb 12, 2025
Year Built
1920
#Stories (Build)
2
Features
Heating & Cooling
Heating Type
Forced Air
Air Conditioning
Electric
Fireplaces
No
Parking & Garage
Parking Type
Off Street, Paved
Exterior
Construction
Year Built
1920
Construction Details
Roof Material
Other
Exterior
Brick Veneer
Water & Sewer
Water Supply
Public
Sewer
Public Sewer
Legal
Brokerage
EXP Realty LLC
Legal Description
04-57-35SE SUB: LOT: BLK: LGL DESC:BEG 30' N & 175' E OF SW COR SE4 FOR POB N 120' E 128' SE 30' SW 120' E 100' TO POB
Sale History
Active
(184 days on market)
Viewing now
Jan 24, 2026
Listed For Sale
$899,900
MLS® # HMS2530147