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605 Hall Street, St Joseph, MO 64501

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For Sale

$200,000

0.29 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.3 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Investor alert! This charming two-story 4-plex offers strong cash flow and long-term tenant stability in the heart of St. Joseph. With classic curb appeal, a covered porch, and mature trees, this property is full of potential. The price has been lowered to reflect its fixer-upper condition. It needs work, but the bones are solid and the income is real. An inspection report is available upon request. This property is being sold as-is and will require updates. However, with an extensive interior remodel with all new appliances (Stoves, refrigerators, hot water heaters, furnaces) and 75% of roof replaced 5 years ago, multiple long-term tenants already in place and strong rental income, it s a great opportunity for a savvy investor. - Net Operating Income (NOI): $31,052 - Cap Rate: 15.53% - Tenants Pay: Gas & Electric - Owner Pays: Water, Sewer, Trash - Apt 1 $1,100 4 bed 2 full bath - Apt 2 $700 1 bed 1 bath - Apt 3 $800 2 bed 1 bath - Apt 4 $600 1 bed 1 bath
MLS# 2557693

Courtesy Of Berkshire Hathaway HomeServices Stein & Summers Real Estate

(816) 232-2000

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.29 Acres
  • Rooms
    Basement

Map and Directions

Directions to 605 Hall Street, St Joseph, MO 64501

Home seller CENTURY 21 Crossroads

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Crossroads

(816) 632-4884
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.