117 E Walnut St, Drexel, MO 64742

Fantastic investment property, excellent condition and great location in the middle of town just blocks from school. Fourplex fully leased on one year agreements. Cash flowing with current rentals of $2,650 per month for an annual net operating income of more than $24,000. All four units are below market rent with potential to generate NOI of more than $30,000. Selling at a current cap rate of 8.2% with the potential to be nearly 10%!