What an incredible opportunity for an Investor, Antique Store, Pawn Shop, etc... This (8) unit complex offers 1 bedroom & 1 bath units, most have been updated with vinyl siding & newer roof (1 unit not rehabbed). The main building was a restaurant back in the day & has been converted to the largest rental unit with a seperate Dining area, Living area and walk-out basement. The appliances in the Kitchen stay & it has been converted to an all electric home. This unit currently rents for $450/mo incl utilities. The other (7) units are all 1 bedroom & 1 bath units with newer hot water heaters & most have appliances that stay. These currently rent for $375/month incl utilities and (6) are currently being leased. There has been a newer DNR regulated septic system with aerator & all units share a well. There is a large parking lot & concrete pad for an outbuilding. If you're looking for an investment/rental property with attached housing, here's your chance!
Off market
Zestimate®
$170,400
3447-3449 Old Highway 50, Gerald, MO 63037
--beds
0baths
1,377sqft
MultiFamily
Built in 1949
-- sqft lot
$170,400 Zestimate®
$124/sqft
$1,043 Estimated rent