$200,000
$199,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
919 W Main ST Bismarck, MO 63624
3,782 SqFt
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,782 sqft
Price per Sqft $52
MLS Listing ID 22020889
Sold Date 05/13/22
Construction Status 82
Year Built 1940
Building Age 82
Lot Size 4,661 Sqft
Acres 0.107
Lot Dimensions 104x45 and 80x120
Property Sub-Type Multi-Family 2-4
Property Description
Two story apartment building with 4 total units. All have been completely rehabbed about 10 years ago with new heat and air, beautiful kitchens with new appliances, ceramic tile and refinished hardwood floors, and more. Each unit has its own utility room with washer and dryer hook up. There is a full basement under the building that could be used for storage. All units are individually metered for electric and water. Tenants pay their own utilities except for trash. All four units are in excellent condition and all systems are in great shape! The roof was replaced about 10 years ago with a new metal roof. Buy with confidence. The rents are way below market. (HUD is now $650 for a 2 BR) As it stands this property is a 10% cap rate (+-) and could easily be pushed much higher when you push rents where they need to be. Put 20% down and obtain a 15% cash on cash return (+-). Please, DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES. Will review all backup offers.
Location
State MO
County St Francois
Area Bismarck
Interior
Heating Forced Air
Cooling Electric, Individual Units
Fireplace N
Appliance Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s)
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Construction Status 82
Schools
Elementary Schools Bismarck R-V Elem.
Middle Schools Bismarck R-V High
High Schools Bismarck R-V High
School District Bismarck R-V
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Friederike Holbert