Income Producing Apartments

Property # 69680

This large 1.5 story home is located in Bethany Missouri on a 99x94.4 corner lot. It has a total of 3,415 sq. ft. of living space. It is divided into five apartments with each having its own utilities. Every apartment has one bathroom, kitchen/dining combo, and living room. One apartment has one bedroom, three apartments have two to three bedrooms and the other is a studio apartment. The front has upper and lower decks measuring 10x36. Three of the lower apartments have concrete patios. As of now, there are 4 tenants with only the studio vacant. The full potential income with all 5 apartments rented is between $1,500.00 and $1,700.00. This is around a 20% return after taxes and insurance at the listed price. If needed, it wouldn't take much to turn it back into a one family home.

For more information on this property or to schedule a viewing, contact Tony Nelson, Brok...