Opportunities like this don't come around very often!!! Check out this excellent investment on a 16-unit apartment complex. Nicely maintained property with great management in place. Well established tenants that all pay on time! Rents have not been raised in the last 5+ years, so there is plenty of opportunity to increase cash flow. Located in a highly sought after school district. All units currently occupied. Listing Agent has equitable interest in the property. DO NOT DISTURB TENANTS! NO TRESPASSING - VIEWINGS ARE BY APPOINTMENT ONLY!
Off market
Price Unknown
403 N Locust St, Otterville, MO 65348
--beds
0baths
--sqft
MultiFamily
Built in 1986
-- sqft lot
$-- Zestimate®
$--/sqft
$997 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Cooling
- Wall
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Interior area
- Finished area below ground: 8.00
Property
Parking
- Parking features: Off-street
Lot
- Size: 1.03 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Location
- Region: Otterville
HOA & financial
Other financial information
- Total actual rent: 6000
Other
Other facts
- Sewer: Public Sewer
- Appliances: Dishwasher, Refrigerator, Oven/Range
- BuildingFeatures: Laundry Facility
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 16
- NumberOfUnitsInCommunity: 16
- TotalActualRent: 6000.00
- CurrentUse: Residential
- PublicSurveySection: 3
- Heating: Base Board
- WaterSource: City Water
- RoadSurfaceType: Asphalt
- PublicSurveyRange: 19
- StructureType: Apartment Building
- NetOperatingIncome: Over $25,000
- BelowGradeFinishedArea: 8.00
- Cooling: Wall Unit
- PublicSurveyTownship: 45
- Road surface type: Asphalt