FOR SALE BY OWNER
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5903 King Hill Ave, Saint Joseph, MO 64504
5903 King Hill Ave, Saint Joseph, MO 64504, Saint Joseph, MO 64504
$198,000
4 Beds
4.0 Baths
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About This Property
Welcome to 5903 King Hill Ave (Units 5903, 5903 ½, 5905, and 5905 ½) — a completely renovated, cash-flowing fourplex offering four individual 1-bedroom, 1-bathroom apartments.
?The heavy lifting is already done; this property just needs a few final touches to cross the finish line and bring in top market rent! Within the last three years, the entire building was gutted and rebuilt from the studs out, giving an investor peace of mind with brand new systems.
?Major Capital Improvements Include:
?Electrical: $24,000 invested in all-new electrical service throughout the building.
?Plumbing: Completely brand-new plumbing infrastructure.
?Exterior & Roof: Torch-down flat roof (recoated 2023), recently replaced gutters and rear siding, and completely rebuilt front porch, back balcony, and exterior stairs.
?Mechanicals: Each apartment features its own dedicated furnace and the building shares an efficient tankless hot water heater.
?Utilities & Parking: Tenants pay individual gas and electric; landlord covers water, sewer, and trash. Features rear off-street parking.
With one unit currently rented at $750/month and three units ready or a few steps from being ready for tenants, this is an incredible opportunity to step into a stabilized asset with high rent potential. Don't miss out on this cash-flow creator—reach out today for financials or to schedule a walk-through!
Property Type
Multi Family
Heating
Forced air; Gas
Cooling
None
Features & Amenities
Interior Features
- Carpet
- Forced air
- Gas
- Linoleum / Vinyl
- None
- Off-street
- Range / Oven
- Refrigerator
- Unfinished
- Vinyl
Property Owner
PO
Property Owner
Property Owner
Schedule a Showing
Get Pre-Approved for Your Home Loan
Complete the form below to get pre-approved for your home loan. This will help you understand your budget and show sellers you're a serious buyer.
Mortgage Calculator
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Estimated Monthly Payment
$1,352
Payment Breakdown
Principal & Interest
$1,054
Property Tax
$198
Home Insurance
$100
HOA Fees
$0
Loan Amount
$158,400
Total Interest Paid
$220,982
Total Cost
$379,382