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Key Details
Property Type Multi-Family
Sub Type Duplex/Triplex/Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SOM60210680
Year Built 1996
Annual Tax Amount $1,803
Tax Year 2021
Lot Size 3.000 Acres
Property Description
CAP RATE +/-7%-Occupancy Rate 100%-MultifamilyBACK ON MARKET no fault of seller.Great multifamily investment opportunity available for sale in a great neighborhood in Bolivar, MO. Each unit is a 3 bedroom, 2 bath on one level. Duplex has been fully remodeled on one side with new tile, laminate flooring, paint, and both sides comes with all appliances, minus W/D in one unit, and many other interior updates and additions. A few other updates the seller has made to the exterior of the property: new 6 mil plastic vapor barrier and sump pumps installed in crawlspace to prevent any moisture issues that may arise, hardwood shims under joist, and a storm shelter .The storm shelter is 6x10 with 12'' seating, LED lighting, has 8 years left of 10 year warranty, and meets or exceeds FEMA standards. Each unit also has off-street parking as well as a one car attached garage per unit. Both units are 100% occupied with long term tenants and there is a great lease in place. Do NOT DISTURB tenants.
Location
State MO
County Polk
Zoning NA
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Exterior
Garage Paved Area, Two or More
Garage Description 2
Utilities Available Community, Cooperative, Electricity, Gas, High Speed Internet, Separate Meters, Sewer Available, Tenant Pays Part
Waterfront No
Waterfront Description None
Roof Type Asphalt,Fiberglass
Building
Sewer Septic System
Water City, Public
Structure Type Brick
Schools
Elementary Schools Bolivar
Middle Schools Bolivar
High Schools Bolivar
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Brought with Arch W. Watson, III Keller Williams
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37 North Realty Group
Broker | License ID: 2018027327
Broker License ID: 2018027327