NOT LISTED FOR SALE

116 S Main St Chaffee, MO 63740

Studio
-- Bath
3,571 Sq Ft
3,920 Sq Ft Lot

Last Sold June 22, 2023

15 Days on Market

Highlights

  • Deck
  • Patio
  • Baseboard Heating
  • Brick Veneer
  • Central Air
  • Laundry Facilities

About This Home

As of June 2023

INVESTOR ALERT – TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s – the adjoin each other * 4 unit apt building at 116 S. Main itself is an Outstanding Value and Great Income Producer – amazing Cap Rate of approx. 12% based on Market Value of $200,000 for 116 S. Main * One 1BR, 1BA - $550 * Three 2BR, 1 BA- $600. $600, $625 * Gross Operating Income: $29,400 * Fire destroyed interior of building 2009-was then re-designed with 4 units and reconstructed using the good bones with all new elec, plumbing, HVAC, cabinetry, walls, flooring, fixtures, etc. * Coin operated laundry plus Apt 1 & 2 have w/d hookups * Tenants pay electric * 2 car carport in rear *

Last Agent to Sell the Property

Marlene Bell

EDGE Realty ERA Powered License #1999110537 Listed on: 04/25/2023

EDGE Realty ERA Powered

Last Buyer's Agent

Marlene Bell

EDGE Realty ERA Powered License #1999110537 Listed on: 04/25/2023

EDGE Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 25x140
  • Partially Fenced Property

Home Design

  • 3,571 Sq Ft Home
  • Quadruplex
  • Brick Veneer

Parking

  • Carport
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Chaffee Elem. Elementary School
  • Chaffee Jr.-Sr. High Middle School
  • Chaffee Jr.-Sr. High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 04-4.0-18.00-001-018-007.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Age: 117
  • Ownership: Private
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck, Laundry Facility in, Partial Fencing, Patio
  • Square Footage: 3571

Exterior Features

  • Construction: Brick Veneer Decrtv

Garage/Parking

  • Parking: 1-2 Car Carport, Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Baseboard

Schools

  • Elementary School: Chaffee Elem.
  • Junior High School: Chaffee Jr.-Sr. High
  • School District: Chaffee R-II
  • Senior High School: Chaffee Jr.-Sr. High

Lot Info

  • Lot Dimensions: 25x140
  • Lot Sq Ft: 3920
  • Acres: 0.0900

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 29400.00
  • Units: 4
  • Total Expenses: 7568.02
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 514
  • Assessor Parcel Number: 04-4.0-18.00-001-018-007.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Sold -- -- --
05/11/2023 05/11/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $200,000 -35.5% $56 / Sq Ft
03/10/2022 03/10/22 Sold -- -- -- View Prior Sale
01/12/2022 01/12/22 Pending -- -- --
12/14/2021 12/14/21 Price Changed $309,900 0.0% $87 / Sq Ft
12/14/2021 12/14/21 For Sale $309,900 +3.3% $87 / Sq Ft
11/23/2021 11/23/21 Off Market -- -- --
10/31/2021 10/31/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $299,900 -- $84 / Sq Ft
Source: MARIS MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $534 $10,020 $0 $0
2024 $5 $9,030 $0 $0
2023 $533 $9,030 $0 $0
2022 $514 $8,690 $0 $0
2021 $525 $8,690 $0 $0
2020 $413 $8,010 $0 $0
2019 -- $8,010 $0 $0
2018 -- $8,010 $0 $0
2017 -- $8,010 $0 $0
2014 -- $8,330 $0 $0
2011 -- $8,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23022181

MARIS MLS