826 S 14th Street
St Joseph, MO, 64501 $ 1,350,000
Baths0.0 Monthly Estimate*
$ 8,973
Studio
for $1,350,000. This home was built in 1909 on a lot size of 1.7.
Historic Everett School was turned into a 22 Unit Apartment Building years back, and is now stabilized and income producing! Very cool, contemporary feel with large units 2 story, Colonial Revival, all brick building, built in 1909 and newly renovated but with potential to take it even further with updates, upgrades and rent raises. Typically stays 95-99% occupied with less then average turn over. Studio, 1, 2, and 3 bedroom units. Landlord pays water, sewer, trash, and basic cable. Landlord has started water bill backs, and tenants pay electricity, all electric building with owned solar units on roof to subsidize usage Building is L shaped with a “North Building & South Building” connected by a large gym which owner has added games & work out area, but could be used to hold events, tenants to rent out and much more potential for this neat space, huge lot, all green space in front of building comes with, 1.7 acres m/l total and tenants use this for dog walking, kids games and more. Historic buildings in back next to the school do not come with it, and are empty, with more potential to possible pick these up and add more units, commercial or office! Also potential to add more apartments inside school in parts unuse/unfinished in building, including bathrooms and very large gym area. Camera system that can be checked by mobile phone comes with property, wash/dry owner & serviced by outside company and property is in a historic area, listed on the Historic Registry and possibly qualifies for tax abatement and/or grants, etc. Buyer to conduct all due diligence on all. Listing agent can assist in providing loan quotes or 1031 intermediary information for sale purposes. Units are all very large, including high ceilings with lots of windows and have loft feel even in basement. Studios, 1, 2 & 3 bedroom units something for everyone. 1 voucher tenant currently showing building does qualify & pass inspections for vouchers. Details in attachments, or just ask.
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FeaturesGeneralSewer City/Public
Heating Electric
Cooling Electric
Utilities Separate Meters
Roof Other
Zoning Multi
HOA 0
Security Features Fire Sprinkler System
Construction Materials Brick
Year Built 1909
Property SubType Apartment
Assoc Fee Paid Per Annually
County Buchanan
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Other
Garage Y/N N
Status Active
Directions https://www.google.com/maps/place/826+S+14th+St +St+Joseph +MO+64501/@39.7592577 -94.8437639 17z/data=!3m1!4b1!4m6!3m5!1s0x87c01bad0597776f:0x48d88cbc3e285469!8m2!3d39.7592577!4d-94.8437639!16s%2Fg%2
City St Joseph
High School District St. Joseph
Total Units 22
MLS Area 1132 - Buchanan Co NW-N=Co Line;S=I-36;E=I-29;W=Mo River
Lot Size Square Feet 74052
Street Name 14th
Listing Terms Cash Conventional
Public Remarks Historic Everett School was turned into a 22 Unit Apartment Building years back and is now stabilized and income producing! Very cool contemporary feel with large units 2 story Colonial Revival all b
Standard Status Active
In Flood Plain Unknown
HMS_MaintenanceProvidedYN N
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ExteriorParking Features Detached Other
Water Source Public
Lot Size Area 1.7
Road Surface Type Paved
Lot Size Units Acres
Road Responsibility Public Maintenance
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InteriorTotal Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Street Suffix Street
Unit Type 1 Bedroom 2 Bedroom
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,973
- Monthly Property Taxes
- $514
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in St Joseph, MO
Average List Price $212,731
Percent of Sale Price 84%
About St Joseph, MO 76,280 Population
2% Since 2002
$ 42,836 Median Income
36.45 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1840743 Elementary School
1840923 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/26/2024 | $1,350,000 | -15.36% | Price Down |
9/27/2023 | $1,595,000 | -0.31% | Price Down |
6/7/2023 | $1,600,000 | -8.57% | Price Down |
3/28/2023 | $1,750,000 | | Listed Price |