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Key Details
Sold Price $146,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 2,795 sqft
Price per Sqft $52
Subdivision Town Of Chaffee
MLS Listing ID 21073541
Sold Date 03/10/22
Construction Status 76
Year Built 1946
Building Age 76
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 25x140
Property Description
INVESTOR ALERT - THIS LIST PRICE OF $309,900 INCLUDES BOTH 118 S. MAIN (5 Unit Apartment Building) and 116 S. MAIN (4 Unit Apt Building) * These are two buildings with separate parcel #s - they adjoin each other * 5 unit Apt Building at 118 S. Main itself is an Outstanding Value and Great Income Producer- amazing Cap Rate of approx. 13% based on $160,000 market value for 118 S. Main * One Efficiency Apt- $350 * Three 1BR, 1BA - $350, $375, $400 * One 2BR, 1BA- $525 * Gross Operating Income: $24,000 * Annual Net Income: $19,156 * Coin operated laundry on 2nd floor shared with tenants in 116 S. Main * Plus Apt #4 has w/d hookups * Tenants pay electric * Small garage in rear * Also see MLS 21073630 & 21073535 for additional listings available.
Location
State MO
County Scott
Interior
Heating Baseboard
Cooling Electric
Fireplace N
Laundry Coin Operated
Building
Sewer Public Sewer
Water Public
Structure Type Fl Brick/Stn Veneer
Construction Status 76
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 Marlene Bell