420 Bus 60
Cabool, MO 65689
- – beds
- – baths
- – sqft
- 9,583 sqft lot
- 1933 build
- – on site
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!
Listing courtesy of SOMO / Sho-Me Real Estate
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Last updated Jun 2, 2024
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MLS# 60268771 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/20/24
May 20, 2024
|
Listed / Active | SOMO | $450,000 |