$520,000
$599,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
1104 S Wines Salem, MO 65560
12,732 SqFt
Key Details
Sold Price $520,000
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Sold
Purchase Type For Sale
Square Footage 12,732 sqft
Price per Sqft $40
Subdivision Hobson Addition
MLS Listing ID 18076343
Sold Date 05/22/19
Construction Status 23
Year Built 1996
Building Age 23
Lot Size 1.290 Acres
Acres 1.29
Property Description
Four commercial apartment buildings totaling 18 units located in Salem, MO. Buildings were built in 1996 per county records and are located in a nice part of town close to shopping. The buildings are well maintained, attractive and have averaged a 90-95% occupancy rate. The County appraised value of $816,080 makes this a great investment opportunity with the rental history. Owner does not live here and hires everything done by multiple people, this can be a great investment with good returns for the savvy investor that wants to modernize the oversight of the complex. More information available.
Location
State MO
County Dent
Area Salem
Zoning Commercial
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Water Available, Sewer Available, Phone Available
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Construction Status 23
Others
Acceptable Financing Cash Only, Conventional, Government
Listing Terms Cash Only, Conventional, Government
Special Listing Condition None
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Bought with Default Zmember