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826 S 14th Street

St Joseph, MO 64501
  • $1,350,000
  • STATUS: Active
  • ON SITE: 426 Days
  • ID#: 2425125
$1,350,000
  • 0
    BEDS
  • 1.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1909
County:

School Ratings & Info

School District:

Description

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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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Compass Realty Group do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-05-26T22:45:24.297.

Based on information submitted to the MLS GRID as of 2024-05-26T22:45:24.297 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.bryanbechler.com/homes/138082219
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826 S 14th Street St Joseph, MO 64501

  • Price: $1,350,000
  • Status: Active
  • On Site: 426 Days
  • ID#: 2425125
0
Beds
0
Baths
0
½ Baths
1.7
Acres
1909
Built
Neighborhood:
Other
County:
Buchanan
Area:
1132 - Buchanan Co Nw-N=Co Line;S=I-36;E=I-29;W=Mo River
School District:
St. Joseph
Property Description
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.
Exterior Features

Construction Materials Brick Garage YN No Parking Features DetachedOther Road Responsibility Public Maintenance Road Surface Type Paved Roof Other

Interior Features

Basement YN Yes Cooling Electric Cooling YN Yes Heating Electric Unit Type Type 1 Bedroom2 Bedroom

Property Features

Age Description 76-100 Years Association Fee 0 Association Fee Frequency Annually Association YN No In Flood Plain Unknown Inside City Limits Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Provided YN No Property Sub Type Apartment Security Features Fire Sprinkler System Sewer City/Public Tax Total Amount 6168 Utilities Separate Meters Water Source Public Zoning Multi

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Royal Oaks Realty.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Compass Realty Group do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-05-26T22:45:24.297.

Based on information submitted to the MLS GRID as of 2024-05-26T22:45:24.297 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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900 W. 48th Place, Suite 120
Kansas City MO, 64112