$520,000
$550,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
0.41 Acres Lot
SOLD DATE : 05/30/2025
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Subdivision Beau-Maye 01
MLS Listing ID 24073295
Sold Date 05/30/25
Year Built 1970
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions .41 acres
Property Sub-Type 5 Family or More
Property Description
Do not disturb tenants. 11.67% cap rate!!! Great opportunity to grow your portfolio with 3 duplexes, 6 units total in Elsberry Mo! Entire complex renting at $67,800/ year. Tenants pay all utilities and trash. There are two 3 bed, 1 bath units and four 2 bed 1 bath units. Currently at 100% occupancy with yearly leases. One building has new roof as of this year and all units are in great condition.
Location
State MO
County Lincoln
Area 460 - Elsberry R-2
Interior
Heating Forced Air, Electric, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Electric Water Heater, Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Architectural Style Low/1-2
Structure Type Vinyl Siding
Schools
Elementary Schools Clarence Cannon Elem.
Middle Schools Ida Cannon Middle
High Schools Elsberry High
School District Elsberry R-Ii
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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+1(314) 817-8178 | julie@lovethelou.homes