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Main Photo for MLS 21073646

Single Family Home for sale at

514 N Main Street , Chaffee MO 63740
MLS :21073646
County:Scott
Zipcode:63740
Schools:
View Count: 194

INVESTOR ALERT - 4 Unit Apartment Building * Outstanding Value and Great Income Producer with amazing Cap Rate of 15-19% !! * All units are tenant occupied * One 1BR, 1BA - $425/mo * Two 2BR, 1BA - $400 and $500/mo * One 3BR, 2BA - $550/mo * Gross Operating Income: $22,500 * Annual Net Income: $19,112 * * All units have washer/dryer hook-ups, stove & refrigerator - except Apt #4 has her own stove & frig * Unit #2 (1BR, 1BA) has been mostly gutted & rehabbed * Other units are in fair to poor condition * Most have covered parking * Tenants pay all utilities * Gabled portion of roof is new * Property to be sold in it's current 'As Is' condition * This building can also be purchased along with 109 (MLS 21073630) & 115 (MLS 21073535) W. Yoakum and 116 (MLS 21073526) & 118 (MLS 21073541) S. Main for Package Price of $599,900.

 
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