MULTI-FAMILY INVESTMENT OPPORTUNITY THAT MEETS THE 1% RULE IMMEDIATELY! At full list price, the rental income on this property ($1,950/mo) allows you to meet the 1% rule instantly. The property features a total of five units, as follows: 2 Three-Bedroom units, 1 Two-Bedroom Unit, and 2 One-Bedroom Units, each with separate utilities. Several of the apartments have long-term tenants. The buildings were remodeled approximately ten years ago with new siding, each has upgraded electric, electric panels, and new hot water heaters. One of the one-bedroom units is currently undergoing a complete renovation to be complete very soon.
Closed
$246,200
427 Pine St, Sullivan, MO 63080
6beds
0baths
3,679sqft
Multi Family
Built in 1935
-- sqft lot
$246,200 Zestimate®
$67/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 06:10pm
Listing Provided by:
Sonya M Sewald 573-308-7253,
Legacy Realty
Bought with:
Alyssa L Koch, 2017044135
Cathlee's Real Estate
Source: MARIS,MLS#: 19061475
Originating MLS: Franklin County Board of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Electric, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,679
- Total interior livable area: 3,679 sqft
- Finished area above ground: 3,679
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 8,319 sqft
Details
- Parcel number: 3530804002068000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Other
Condition
- Updated/Remodeled
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Sullivan
- Subdivision: Grandview
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
Services availability

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