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$500,000
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Listing ID: 3523231
Status: Active
Type: Commercial/Business
Square Foot: 5400
Lot Size/Acres: 4.00
County: Miller
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Property Details

3 duplexes - 6 units. Owner has never had more than one month of vacancy since 2012. All tenants are on year leases, owner renews the leases year by year, no month to month leases. All leases include water & sewer, and appliances included for all units are: washer/dryer, stove, fridge, dishwasher, garbage disposal and microwave. Very easy maintenance, almost no common area maintenance expense per year. Owner has placed all HVAC units & water heaters on back side of units that can be accessed from the private entry, making it very easy for the owner to change furnace filters and maintain systems. Great opportunity to provide yourself with some cash flow in real estate ownership. Current CAP Rate is 8.4%. Where else can you find an 8% return on your money? Property comes with 4 acres, but more can be had if desired for additional buildings. Taxes shown are for the entire property, along with owners private shop. Once subdivided, taxes should be around $2400 per year.



Room Dimensions

Year Built / Age: 2012
Listing Status: Active

Listed by: John Farrell Real Estate Co.

idx logoThese Properties are provided courtesy of Broker Reciprocity/IDX Lake Of The Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. This information is copyrighted by The Lake Of The Ozarks Board of REALTORS® and The Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. Information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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