Bought with Shelly High RE/MAX Lakeside
$324,500
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Address not disclosed Cassville, MO 65625
2.9 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SOM60253334
Sold Date 04/26/24
Year Built 1986
Annual Tax Amount $1,080
Tax Year 2022
Lot Size 2.900 Acres
Acres 2.9
Property Sub-Type Residential Income
Property Description
This tri-plex features three, 3-bedroom, 1-bath apartments, each approximately 1200 square feet in size. The owners have made numerous improvements to the property over the past few years, including flooring, counters, LED lighting, and more. The location is ideal, just a few miles from town, but close to the ever-popular Roaring River State Park and the Cassville golf course. Apartments are furnished with appliances and are all-electric. A private septic system means no sewer bills. Another great feature of this tri-plex is that due to the size of the lot, there's potential for adding additional units. Based on demand the sellers have seen, it's likely that additional units would rent quickly as well. ROI on this property is strong, coming in >7% at list price.Property is located a few miles south of Cassville, close to Roaring River State Park and the Cassville Golf Course.
Location
State MO
County Barry
Zoning Rural/NA
Interior
Interior Features Balcony/Deck/Patio
Heating Central
Cooling Central Air
Fireplace N
Appliance Dishwasher, Range/Oven, Refrigerator
Exterior
Utilities Available Electricity, High Speed Internet, Separate Meters, Tenant Pays
Waterfront Description None
Roof Type Dimensional Shingles
Garage No
Building
Sewer Septic System
Water Public, Well
Structure Type Stone,Wood Frame
Schools
Elementary Schools Cassville
Middle Schools Cassville
High Schools Cassville
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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