Rare investment opportunity: a package of three side-by-side properties on 3rd Street in Maryville, MO. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces. 319 W 3rd: Three 1-bedroom apartments and one 2-bedroom apartment 315 W 3rd: Two 2-bedroom apartments and one unfinished, framed 2-bedroom apartment ready for remodel. 311 W 3rd: Two 2-bedroom apartments, one 1-bedroom apartment, and two studio apartments. The properties generate a gross annual rental income of $100,380, with all available units rented until May 2025 and several leases already renewed for the following year. Unit #12 is unoccupied and ready to be remodeled and rented for additional income. Amenities include a heated/cooled maintenance shop with a garage overhead door behind the properties and an on-site laundry facility located in one property’s basement. This all-in-one investment package, complete with maintenance and laundry facilities and the potential for growth, is an excellent addition to any portfolio.
Mls | 2520898 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1890 |
Days On Site | 21 |
Listing Provided By | Fathom Realty MO LLC | Tyler Garrett |
Basement | Y |
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Storys | 3 |
Units | 12 |
Zoning | R4 |
Acreage | 0.60 |
State | MO |
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County | Nodaway |
City | Maryville |
Zip Code | 64468 |
Area | 999 Other Missouri Area |
Community Name | Other |
School District | Maryville |
Listing VS Median (in Other) | |
Price: $1,020,000 low | high Med: $249,700 On Site: 21 low | high Med: 71.5 |