Main Photo for MLS 21073541

Rental Unit for sale at

118 S Main Street , Chaffee MO 63740
MLS :21073541
View Count: 413
Photo ofM.A. Bell
M.A. Bell
Edge Realty
Cell: (573) 604-BELL
Brokerage: (573) 335-8111

INVESTOR ALERT - THIS LIST PRICE OF $299, 900 INCLUDES BOTH 118 S. MAIN (5 Unit Apartment Building) and 116 S. MAIN (4 Unit Apt Building) These are two buildings with separate parcel #s - they adjoin each other 5 unit Apt Building at 118 S. Main itself is an Outstanding Value and Great Income Producer- amazing Cap Rate of approx. 13% based on $160, 000 market value for 118 S. Main One Efficiency Apt- $350 Three 1BR, 1BA - $350, $375, $400 One 2BR, 1BA- $525 Gross Operating Income: $24, 000 Annual Net Income: $19, 156 Coin operated laundry on 2nd floor shared with tenants in 116 S. Main Plus Apt #4 has w/d hookups Tenants pay electric Small garage in rear This can also be purchased along with MLS 21073646, 21073630, & 21073535 for Package Price of $599, 900.

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