116 S Main ST Chaffee, MO 63740

THIS LIST PRICE OF $309,900 INCLUDES BOTH 116 S. MAIN (4 Unit Apartment Building) and 118 S. MAIN (MLS 21073541 - 5 Unit Apt Building) * These are two buildings with separate parcel #s - they adjoin each other * 4 unit apt building at 116 S. Main itself is an Outstanding Value and Great Income Producer- amazing Cap Rate of approx. 12% based on $160,000 market value for 116 S. Main * One 1BR, 1BA - $500 * Three 2BR, 1BA- $550, $550, $575 * Gross Operating Income: $26,100 * Annual Net Income: $19,891 * Fire destroyed interior of building 2009-was then re-designed with 4 units & reconstructed in 2009 using the good bones with all new elec, plumbing, HVAC, cabinetry, walls, flooring, fixtures, etc * Coin operated laundry plus Apt 1 & 2 have w/d hookups * Tenants pay electric * 2 car carport in rear * Also see MLS 21073630 & 21073535 for additional listings available.