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Key Details
Sold Price $2,922,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $208
MLS Listing ID 24037206
Sold Date 09/26/24
Construction Status 42
Year Built 1982
Building Age 42
Lot Size 2.920 Acres
Acres 2.92
Lot Dimensions see tax
Property Sub-Type Multi-Family 5+
Property Description
Invest in a thriving future with this 36-unit complex, perfectly situated to attract a diverse tenant base. This exceptional property produces steady cash flow and significant appreciation potential. The property has been completely remodeled inside and out. Brand new roof, siding, all the individual rooms have newer HVAC units with remote controls, flooring, paint, plumbing, Electric updated and a brand new solar system installed. There are 36 total units. 35 residential and 1 commercial space currently leased to a chiropractor. Located just off HWY 70 ensuring high occupancy rates and consistent demand. Strong Financials With a history of stable income and low vacancy rates, this complex is a proven performer.
Location
State MO
County Montgomery
Area Montgomery County
Interior
Heating Forced Air
Cooling Wall Unit(s), Electric
Fireplace N
Laundry Common Laundry, Prvt Laund some unit
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Construction Status 42
Schools
Elementary Schools Montgomery City Elem.
Middle Schools Montgomery Co. Middle
High Schools Montgomery Co. High
School District Montgomery Co. R-Ii
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Exchange
Listing Terms Cash Only, Conventional, Exchange
Special Listing Condition Rehabbed, Renovated, Some Accessible Features, None
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Bought with James Shepherd
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