MAJOR PRICE REDUCTION!! Amazing investment opportunity, this 12 unit multi-family complex is nestled in the Ozarks just off the James River and minutes (literally like two) away from James River Outfitters Campground! Consisting of 6 studio, 3 one bed, and 3 two bed units the complex has been remodeled within the last 5 years with interior upgrades, separate HVAC units, hot water tanks, electrical, fire walls, and newer roof. Also on property is a 3/2 home that is currently being used as storage, but could be remodeled for an addition unit! Onsite laundry facility on property is another benefit to the tenants plus an addition source of income for the owner. Currently being used as long term rental, but no zoning restrictions for usage as nightly rentals! Here is the best part, this property is already rented at top market value, so the current owners have done the hard work for you! Flood Insurance is not required. All on city water and sewer.
Hoa: No
Baths Each Unit: 1
Roofing Material: Metal
New Or Under Construction: No
Year Built: 1,960
Amenities: Central Laundry
Transaction Type: Sale
Type of Tenancy: Lease, Monthly
Flood Insurance: Not Required
Bed Units Price: Over $450
One Bed Units Price: Over $350
Yearly Net Oper Inc: Over $25,000
Parking: One Per Unit
Acres: 0.60
Miscellaneous: Fire Walls, Smoke Detector
Inside City Limits: Yes
Foreclosure: No
View: No
Buildings: Two Buildings
Zoning: N/A
County: Stone
Property Type: B
View: City, River
Will Sell: Cash,Conventional
Financing: Cash, Conventional
Possession: At Closing
Sqft Finshd Unfnshd: 5000 or more
Tax Year: 2,023
Re Tax Provided By: Assessor Records
Num Units: 12
Water: City Water
Heating: Central
Cooling: Central, Wall Unit
Sewer: City Sewer
Utilities: City, Electricity, High Speed Internet Access, Separate Meters, Sewer, Tenant Pays Part, Water
Lake River: James River
Waterfront View: View
Courtesy of listing office RE/MAX House of Brokers
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