18800 2nd Avenue, Wheatland, MO 65779
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18800 2nd Avenue, Wheatland, MO 65779
18800 2nd Avenue, Wheatland, MO 65779
18800 2nd Avenue, Wheatland, MO 65779
18800 2nd Avenue, Wheatland, MO 65779
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Listed by Nicholas Lemuel Henderson Akins Realty
$ 40,000
Est. payment /mo
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Active

18800 2nd Avenue Wheatland, MO 65779

0.35 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Subdivision Hickory-Not In List

MLS Listing ID SOM60325877

Year Built 1970

Annual Tax Amount $91

Tax Year 2023

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Residential Income

Property Description

2 Houses. 1 Price. And a whole lot of upside.Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here.Two mobile homes selling together for just $40,000 on a corner lot, with an additional third utility hookup already in place for another mobile home or camper.One home is currently rented to a long-term tenant at $300/month, and the other was recently vacant after bringing in $300/month. That's $600/month in gross rental potential from the existing homes, with even more upside if you add a third unit or camper to the extra hookup. $600/month current gross income potential Third hookup ready for another home or RV/camper Strong cap rate at the asking price Value-add opportunity through updates and rent increases Long-term tenant already in place Corner lot with added flexibility Close to Lucas Oil Speedway and Pomme de Terre LakeWhether you're looking for your first investment property or another addition to your portfolio, deals under $50,000 with existing income and expansion potential are getting harder to find.Not flashy. Not fancy. Just the kind of property investors quietly buy while everybody else is chasing the next shiny thing.Give me a call before somebody else runs the numbers.

Location

State MO

County Hickory

Zoning ~

Interior

Heating Other

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Electricity Available, Sewer Available, High Speed Internet

Waterfront Description None

Roof Type Metal

Garage No

Building

Sewer Public Sewer

Water City

Structure Type Metal

Schools

Elementary Schools Wheatland

Middle Schools Wheatland

High Schools Wheatland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Tracey Lightfoot
Tracey Lightfoot

Broker / Partner License ID: 2013014900

+1(417) 251-1946 | bransonhomefinder@gmail.com

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18800 2nd Avenue