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FOR SALE by Tracey 63701 logo

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    Property Description
    AMAZING INVESTMENT OPPORTUNITY! 12 UNIT APARTMENT COMPLEX, turnkey opportunity for investors. These units have been updated and are experiencing incredible demand from the rental market. This is at full occupancy and available units fill quickly. Off street parking. The rents are under market value which provides the next owner with a valuable opportunity. The property consists of 12 – 2bd/1.5bth townhouses. The building just underwent a major rehab in 2022 with over 100k in renovations. Units rent at $695/mth, tenant pays electric, water, sewer. Owner provides trash, street lights and lawn care. Property Manager will continue if desired. This will be a great addition to your portfolio at 12% cap rate or $62,491/unit. CASH COW!!
    Features
    : Forced Air
    : Electric
    : Prvt Laund All Units
    : Parking Lot, Space/unit - 2+, Space/unit - 1
    Address Map
    US
    MO
    Butler
    Poplar Bluff
    63901
    Butler
    N Main
    641
    Street
    0
    W91° 36' 5.4''
    N36° 45' 43.8''
    Westwood Blvd to east on Maud Street to right on Main Street, property on right.
    641-663
    Additional Information
    Borrowed Time Real Estate
    $0
    : Brick
    36
    Lake Road Elem.
    Poplar Bluff High
    Poplar Bluff Jr. High
    109-13-02-03-0-001-033-005-000
    : Public Sewer
    Dunfords Add
    $2,800
    2023
    Walkscore

    Commercial Sale For Sale

    641 N Main Street, Poplar Bluff, Missouri 63901

    0 Bedrooms
    0 Bathrooms
    40,075 Sqft
    Visits : 39 in 60 days
    $749,900
    Listing ID #MAR24006570
    Basic Details
    Property Type : Commercial Sale
    Listing Type : For Sale
    Listing ID : MAR24006570
    Price : $749,900
    Bedrooms : 0
    Rooms : 0
    Bathrooms : 0
    Half Bathrooms : 0
    Year Built : 1971
    Lot Area : 40,075 Sqft
    Lot Size Dimensions : Irregular
    Property Sub Type : Multi-family 5+
    Standard Status : Active
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