Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1968
Sq.Footage
21,832
Attention investors and developers! 8 apartment buildings that contain 4 units each (32 units total), on 15.04 acres. A-frame-style, 1 bed, 1 bath units, that are fully furnished, and rented for $425-525 per month. That equals a gross income of approximately $15,000 per month! An additional 12+/- acres of undeveloped land adjoins the University of Missouri, Science and Technology's soccer field. The units include spiral staircases, loft-style bedrooms, and set up for a community, coin operated laundry room. The units are equipped with newer flooring, cabinets, windows and HVAC units. The roofing for all units was replaced approximately 2-3 years ago. The property is zoned residential and packed with potential. You can develop the raw land or just enjoy the generous income from the 32 units. Schedule an appointment to see this property today!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
21832.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
Cats OK, Dogs OK
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Cedar
-
Parking
Open, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
15.04
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Low/1-2
Price
-
Sales Price
$1,650,000
-
Tax Amount
$4,320
-
Sq. Footage
21, 832
-
Price/SqFt
$75
HOA
-
Association
No
School District
-
Elementary School
Harry S. Truman Elem.
-
Middle School
Rolla Middle
-
High School
Rolla Sr. High
Property Features
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Phelps-MO
Elementary School
Harry S. Truman Elem.
Middle School
Rolla Middle
High School
Rolla Sr. High
Listing Courtesy of Matthew R Lindemeyer , Coldwell Banker Quality, REALTORS
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FOUNDER
Colleen Brown
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