$629,500

9755 State Highway 13

Kimberling City MO, 65686

Description

Many Options for the Savvy Investor! We have 2 separate buildings, one is a three plex more like a townhome with 1200 sf in each unit (upstairs/downstairs) built in 1978. They are 2 BR/2BA. The second building is a 6 plex with almost 800 sf in each unit 2 BR/1 BA. It was built in 1993. Proven Rental History and many of the updates have been made. Individually metered utilities. Public water and septic was recently inspected and certified by Stone County. Expenses are minimal and many opportunities since all 9 of these units were recently zoned for Nightly condo rentals. So this is a property in transition. We have 7 monthly tenants all that have been there past their annual lease and currently on a month to month. Many have been there for several years and would like to stay. So by complete ownership of the 9 units, you can determine the purpose of each. There is a new roof ready to be put on each of the buildings from hailstorm and just waiting for the contractor, insurance claim has paid. Vinyl siding, laminate flooring and newer paint in each unit. Units have been updated as tenants move in/out. Beautiful views of the Lake from every unit. Nice location and access just 1.5 south of Kimberling City Bridge. Don't miss out on investing in such a great opportunity while interest rates are low. There is a nice road behind the complex that has access to the Lake, parking space for about 4 or 5 cars and great cove for kayaking or canoeing. There is a partial trail completed to walk there as well.. in progress.

Details

MLS#60172103
Listing TypeFor Sale
Sub-TypeResale
Status17SOCY6CGOCX
Year1993
Days On Site58

Features

Units9
Property ViewYes
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Area Information
StateMO
CityKimberling City
Zip Code65686
Listing VS Median (in 65686)
Price:
$629,500
low | high
Med:
$65,000
100% of Average
On Site:
58
low | high
Med:
75
77.333333333333% of Average
Listing Updated: 10/23/2020
Delisa D DeLay LogoMLS Number: 60172103
Listing Provided By:
Delisa D DeLay  of  Worley and Associates
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Springfield MLS.