$450,000 $2,416 est/mo Sourced by Back At You

420 Bus 60,Cabool, MO 65689

Cabool MO, 65689

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Description

What a phenomenal investment opportunity! This 12 unit complex has been largely renovated with each unit having new high efficiency window units, commercial grade easily replaceable tile carpeting, newer refrigerators, fresh paint, and newer water heaters. Additionally, a new metal roof has been installed on nearly the entire complex. A survey has been completed for the lot as well. There has been a waiting list of tenants despite the only advertising for vacancy being a ''for rent'' sign on the street! Currently the seller has 3 vacant units that will remain vacant for the purpose of showing. Rent is $525 per unit for a gross income of $6,300 per month at full occupancy. Expenses averaged $970 per month from May 2023 - May 2024. This comes out to approximately $5,330 of positive cashflow monthly! What a great asset to add to your portfolio!

Details

MLS#60268771
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1933
Days On Site31
Listing Provided BySho-Me Real Estate | Colby S Williams
Listing Commission$3

Features

Units12
ZoningB2
Acreage0.22
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Southern Missouri Regional MLS.

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Listings Checked: 4 minutes ago
StateMO
CountyTexas
CityCabool
Zip Code65689
Community NameN/A
School DistrictCabool
Elementary SchoolCabool
Middle SchoolCabool
High SchoolCabool
Listing VS Median (in N/A)
Price:
$450,000
low | high
Med:
$299,900
83.355555555556% of Average
On Site:
31
low | high
Med:
13
100% of Average
Sourced by Back At You
Listing Updated: May 30, 2024 at 8:28:41 PM PDT