$175,000
$185,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
427 Pine Sullivan, MO 63080
3,679 SqFt
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 3,679 sqft
Price per Sqft $47
Subdivision Grandview
MLS Listing ID 19061475
Sold Date 06/09/20
Construction Status 85
Year Built 1935
Building Age 85
Lot Size 8,320 Sqft
Acres 0.191
Lot Dimensions irregular
Property Description
MULTI-FAMILY INVESTMENT OPPORTUNITY THAT MEETS THE 1% RULE IMMEDIATELY! At full list price, the rental income on this property ($1,950/mo) allows you to meet the 1% rule instantly. The property features a total of five units, as follows: 2 Three-Bedroom units, 1 Two-Bedroom Unit, and 2 One-Bedroom Units, each with separate utilities. Several of the apartments have long-term tenants. The buildings were remodeled approximately ten years ago with new siding, each has upgraded electric, electric panels, and new hot water heaters. One of the one-bedroom units is currently undergoing a complete renovation to be complete very soon.
Location
State MO
County Franklin
Area Sullivan
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplace N
Laundry Prvt Laund some unit
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Other
Construction Status 85
Schools
Elementary Schools Sullivan Elem.
Middle Schools Sullivan Middle
High Schools Sullivan Sr. High
School District Sullivan
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition Other, Rehabbed, None
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Bought with Alyssa Koch