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Key Details
Property Type Multi-Family
Sub Type Duplex/Triplex/Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $73
Subdivision Ozark Land Co
MLS Listing ID SOM60266401
Year Built 1973
Annual Tax Amount $1,513
Tax Year 2023
Lot Size 0.460 Acres
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY to build your portfolio with this property including 2 separate duplexes with a total of 4 units. One duplex is 1,384 sq ft (two 1 BR 1 BA units each 692 sq ft). The other duplex is 1,752 sq ft (two 2 BR 1 BA units each 876 sq ft). Three of the units are on a lease through February 2025. The 4th unit (which is 1 BR 1 BA) will be vacant at closing. Rent income at the time of closing is $2,035 for the 3 occupied units. New owner could live in the fourth unit or rent it out for additional income. Another huge perk is that the property has been approved to add a 3rd duplex on the property for even more cash flow potential. Each unit has its own laundry area, baseboard heat, and window AC units which were new in 2018/2019. Utilities are metered separately and tenants' responsibility. Please do not disturb tenants. Only preapproved buyers. This is a great location close to colleges, C-Street shopping, restaurants, and entertainment. Instant cash flow on this income producing property with potential to grow even more. Whether you're looking to purchase and live in one unit while collecting rent in the others - or just looking for a great ROI for a 1031 or building your investment portfolio - this unique property is has so much to offer including a rare 8-10% cap rate! SHOWN BY APPT ONLY - DO NOT DISTURB TENANTS
Location
State MO
County Greene
Zoning INC
Interior
Heating Base Board
Cooling Ceiling Fan(s), Window Unit(s)
Exterior
Utilities Available Electricity, Separate Meters, Sewer Available, Tenant Pays, Water Available
Waterfront No
Waterfront Description None
Roof Type Composition
Building
Sewer City Sewer
Water City
Structure Type Vinyl Siding
Schools
Elementary Schools Sgf-Robberson
Middle Schools Sgf-Reed
High Schools Sgf-Hillcrest
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, See Remarks, VA
Listing Terms 1031 Exchange, Cash, Conventional, FHA, See Remarks, VA
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Brought with Jesse A Wiser Wiser Living Realty LLC
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37 North Realty Group
Broker | License ID: 2018027327
Broker License ID: 2018027327