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Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 4,142 sqft
Price per Sqft $24
Subdivision Town Of Chaffee
MLS Listing ID 21073646
Sold Date 11/01/21
Construction Status 33
Year Built 1988
Building Age 33
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 160x150
Property Description
INVESTOR ALERT – 4 Unit Apartment Building * Outstanding Value and Great Income Producer with amazing Cap Rate of 15-19% !! * All units are tenant occupied * One 1BR, 1BA - $425/mo * Two 2BR, 1BA - $400 and $500/mo * One 3BR, 2BA - $550/mo * Gross Operating Income: $22,500 * Annual Net Income: $19,112 * * All units have washer/dryer hook-ups, stove & refrigerator – except Apt #4 has her own stove & frig * Unit #2 (1BR, 1BA) has been mostly gutted & rehabbed * Other units are in fair to poor condition * Most have covered parking * Tenants pay all utilities * Gabled portion of roof is new * Property to be sold in it's current 'As Is' condition * This building can also be purchased along with 109 (MLS 21073630) & 115 (MLS 21073535) W. Yoakum and 116 (MLS 21073526) & 118 (MLS 21073541) S. Main for Package Price of $599,900.
Location
State MO
County Scott
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer, Vinyl Siding
Construction Status 33
Schools
Elementary Schools Chaffee Elem.
Middle Schools Chaffee Jr.-Sr. High
High Schools Chaffee Jr.-Sr. High
School District Chaffee R-Ii
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Wanda Duncan