Investor opportunity with immediate income and major upside! This 4-plex features one fully finished 2 bedroom, 1 bathroom unit currently rented for $800/month, providing instant cash flow from day one.The remaining three units are framed and ready for completion, laid out as two 1-bedroom, 1-bathroom units and one additional 2-bedroom, 1-bathroom unit, offering strong potential for increased rental income once finished. In total, the property has the potential for 6 bedrooms and 4 full bathrooms.Offering approximately 3,500 square feet above grade, plus an unfinished basement, this property provides ample space and flexibility for an investor to complete and maximize returns.Extensive updates have already been completed since 2016, including new roof, siding, windows, four HVAC systems, four water heaters, updated electrical wiring, and new plumbing throughout. One unit has been fully finished, showcasing the potential for the remaining units.This is a value-add investment opportunity with major components already completed?finish out the remaining units and unlock the full income potential.Can also be found under multifamily.
Listed By
Agency Name: RE/MAX Heritage
Agency Phone: 816-587-2323
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimated Payment
$ 500.93 per month $442.89 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.04 Homeowner's Insurance
1100 Locust Street | MLS# 2614661
This home located at 1100 Locust Street, Chillicothe, MO 64601 is currently listed for sale with an asking price of $199,000. This property has 2 bedrooms and 1 full baths with 765 sq. ft. Locust Street is located within the Chillicothe R-II school district. Search Chillicothe real estate on www.trophypa.com today.