Back on the market with more updates and a lower price! This 13 unit apartment building was recently remodeled and restored through out into 7 modern studio apartments, 5 two bedroom units and 1 three bedroom apartment with a large balcony, PLUS a 2 car garage and a 1 car garage. This building is making excellent income at a cape rate of 11%, with all tenants on 1 yr leases. Very low expences and good rental history. One unit is left to remodel, all others are updated and rented. Rental manager charges half of first month and 10%
Off market
$837,800
22140 E Main St, Reeds Spring, MO 65737
--beds
0baths
10,000sqft
MultiFamily
Built in 1926
-- sqft lot
$837,800 Zestimate®
$84/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Appliances
- Included: Microwave, Range / Oven, Refrigerator
- Laundry: Common Area
Interior area
- Total interior livable area: 10,000 sqft
Property
Features
- Exterior features: Wood, Cement / Concrete, Metal
Lot
- Size: 0.29 Acres
- Features: City Lot
Details
- Parcel number: 087.025003012001.000
- Zoning: Commercial
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 1926
Utilities & green energy
- Sewer: City Sewer
- Water: City Water
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, High Speed Internet Access, Trash
Community & neighborhood
Location
- Region: Reeds Spring
HOA & financial
Other financial information
- Total actual rent: 6229
Other
Other facts
- Roof: Metal
- ZoningDescription: Commercial
- Appliances: Refrigerator, Microwave, Oven/Range
- HeatingYN: true
- Utilities: Electricity Connected, Water Connected, Sewer Connected, High Speed Internet Access, Trash
- CoolingYN: true
- Zoning: Commercial
- NumberOfUnitsTotal: 13
- CurrentFinancing: Conventional, Cash
- Cooling: Window Unit(s)
- ElectricOnPropertyYN: True
- NumberOfBuildings: 1
- ConstructionMaterials: Wood Frame, Metal, Concrete Block
- LaundryFeatures: Common Area
- Heating: Central
- WaterSource: City Water
- RoadSurfaceType: Asphalt
- LotFeatures: City Lot
- ParkingFeatures: One Per Unit
- Sewer: City Sewer
- MlsStatus: Pending
- TaxAnnualAmount: 1200.00
- TotalActualRent: 6229.00
- Road surface type: Asphalt
Services availability

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