Considering selling this investment property which includes the main house on 900 W Main, 505 Hickory, 507 Hickory, and 509 Hickory Ave in Cabool MO, All these properties are on the same lot, and they all run on the same water line. Each unit has it's own electric meter and the three one bedroom apartments are all electric with appliances. All units have been remolded over the last three years. This investment property would be perfect for someone who wants to live in the main house and rent the three apartment to pay the mortgage. The main house has a shared laundry room. All units are currently rented brining in $2350/Month. There is room for growth on the rents especially for the main house. If you already have a portfolio of rentals you could easily add to them with these turnkey properties at a 10% Cap Rate. There is also potential for a great Airbnb here. You could pay the tenant living at the house to manage the 3 apartments and increase rental rates significantly! As inflation continues to go up you could hedge your investments with real estate to future proof your investments. Don't miss out on this opportunity. Multifamily investment properties are hard to come by in Cabool MO. These units always stay rented and there is room for increased rent rolls. Great family home located right in the middle of town. It's only a minute to the highway, restaurants, schools, and more. The rest home is just across the street so you can keep tabs on loved ones. This is a great value for the size of home. This home would be a perfect place for a family. There are four bedrooms and a large living room and large dining room. The rest home is right out back with many resources for the elderly. Cabool is a small town community central to everything. It's about an equal distance to Mountain Grove, Houston, and Willow Springs. Serious inquiries only. I do not need help with this property!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.