118 S Main St, Chaffee, MO 63740

INVESTOR ALERT – TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s – the 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 Market Value of $175,000 for 118 S. Main * One Efficiency Apt. - $450 * Three 1BR, 1BA - $475, $425, $425 * One 2BR, 1 BA- $575 * Gross Operating Income: $29,100 * 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 *