919 W Main St, Bismarck, MO 63624

Two story apartment building with 4 total units. All have been completely rehabbed about 10 years ago with new heat and air, beautiful kitchens with new appliances, ceramic tile and refinished hardwood floors, and more. Each unit has its own utility room with washer and dryer hook up. There is a full basement under the building that could be used for storage. All units are individually metered for electric and water. Tenants pay their own utilities except for trash. All four units are in excellent condition and all systems are in great shape! The roof was replaced about 10 years ago with a new metal roof. Buy with confidence. The rents are way below market. (HUD is now $650 for a 2 BR) As it stands this property is a 10% cap rate (+-) and could easily be pushed much higher when you push rents where they need to be. Put 20% down and obtain a 15% cash on cash return (+-). Please, DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES. Will review all backup offers.