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Key Details
Property Type Multi-Family
Sub Type Duplex/Triplex/Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Skyline Hills
MLS Listing ID SOM60205158
Year Built 1974
Annual Tax Amount $1,911
Tax Year 2020
Lot Size 1.040 Acres
Property Description
Rare opportunity to own a great income-producing asset! This turn-key 4-plex has so much to offer with its excellent location inside the city limits of Forsyth, a 6-car carport, huge parking area and all on a large and level 1+ acre lot, making this a one-of-a-kind investment opportunity in the multi-family space. This property performs well with over 1,200 sq. ft. in each unit, spacious 2-bedroom 2-full bathroom layouts featuring those highly desirable qualities, such as: walk-in entries (all on one-level, no stairs), fireplaces in the living rooms, and each have their own laundry rooms. Fully leased & occupied, and consistently grosses over $26,000 annually for the past 3+ years with plenty of room for growth! Excellent rental history (financials provided upon request). There are no COA/HOA dues. Tenants pay their own electric. Owner pays city water/sewer/trash and lawn care. This property has been well maintained and is ready for the next investor to take over! Please do not disturb tenants.
Location
State MO
County Taney
Zoning TBD
Interior
Heating Central, Fireplace(s), Heat Pump
Cooling Central Air, Heat Pump
Exterior
Garage Paved Area
Garage Description 6
Utilities Available Electricity, Separate Meters, Tenant Pays
Waterfront No
Waterfront Description None
Building
Sewer City Sewer
Water City
Schools
Elementary Schools Forsyth
Middle Schools Forsyth
High Schools Forsyth
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Brought with Tim Parsons Foggy River Realty LLC
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37 North Realty Group
Broker | License ID: 2018027327
Broker License ID: 2018027327