403 N Locust Street

    Otterville, MO 65348
    • $560,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 60143815
    UPDATED: 17 min ago
    $560,000
    • 0
      BEDS
    • 1.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Opportunities like this don't come around very often!!! Check out this excellent investment on a 16-unit apartment complex. Nicely maintained property with great management in place. Well established tenants that all pay on time! Rents have not been raised in the last 5+ years, so there is plenty of opportunity to increase cash flow. Located in a highly sought after school district. All units currently occupied. Listing Agent has equitable interest in the property. DO NOT DISTURB TENANTS! NO TRESPASSING - VIEWINGS ARE BY APPOINTMENT ONLY!

    Monthly Payment Calculator

    The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Team Real Estate - Springfield are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved. Data last updated: 2019-08-24T08:50:28.653.

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    www.teamrespringfield.com/homes/97552939

    403 N Locust Street Otterville, MO 65348

    • Price: $560,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 60143815
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.03
    Acres
    1986
    Built
    Neighborhood:
    Cooper-Not In List
    County:
    Cooper
    Area:
    Otterville
    Elementary School:
    Otterville
    Middle School:
    Otterville
    High School:
    Otterville
    Property Description
    Opportunities like this don't come around very often!!! Check out this excellent investment on a 16-unit apartment complex. Nicely maintained property with great management in place. Well established tenants that all pay on time! Rents have not been raised in the last 5+ years, so there is plenty of opportunity to increase cash flow. Located in a highly sought after school district. All units currently occupied. Listing Agent has equitable interest in the property. DO NOT DISTURB TENANTS! NO TRESPASSING - VIEWINGS ARE BY APPOINTMENT ONLY!
    Exterior Features

    Lake River None Street Spaces Asphalt Waterfront View None

    Interior Features

    Appliances DishwasherOven/RangeRefrigerator Baths 1 Per Unit Cooling Wall Unit Heating Base Board

    Property Features

    Amenities Central Laundry Buildings Four Or More BuildingsOne Story Cross Street Marion / Jefferson Foreclosure Short Sale No Inside City Limits Yes Monthly Rent 6000.00 One Bed Rent Over $350 One Bedroom Units 8.00 Possession At ClosingSubject To Tenant Rt Property Subtype Apartment Building Real Estate Tax 7063.57 Real Estate Tax Provided By Assessor Records Sewer City Sewer Sq Ft Fin And Unfin 5000 Or More Tax Year 2018 Transaction Type Sale Two Bed Rent $351 - $450 Two Bedroom Units 8.00 Water City Water Will Sell 1031 ExchangeCashConventional Yearly Net Oper Inc Over $25000 Zoning N/A

    Listing provided courtesy of Complete Realty Sales & Mgmt. © 2019 Southern Missouri Regional MLS. All rights reserved.
    The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Team Real Estate - Springfield are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved. Data last updated: 2019-08-24T08:50:28.653.

    Click here for Digital Millennium Copyright Act
     
    Team Real Estate - Springfield
    305 E Sunshine Street
    Springfield MO, 65807