NOT LISTED FOR SALE

22140 Main St Reeds Spring, MO 65737

13 Beds
-- Bath
10,000 Sq Ft
1926 Built

Last Sold February 25, 2021

7 Days on Market

About This Home

As of February 2021

Back on the market with more updates and a lower price! This 13 unit apartment building was recently remodeled and restored through out into 7 modern studio apartments, 5 two bedroom units and 1 three bedroom apartment with a large balcony, PLUS a 2 car garage and a 1 car garage. This building is making excellent income at a cape rate of 11%, with all tenants on 1 yr leases. Very low expences and good rental history. One unit is left to remodel, all others are updated and rented. Rental manager charges half of first month and 10%

Last Listed By

Carrie Higgs

Branson House Realty License #2003032011 Listed on: 12/07/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • 1926

Lot Details

  • Lot Dimensions are 100x159x89x112

Home Design

  • Wood Frame Construction
  • Metal Roof

Kitchen

  • Oven or Range
  • Microwave

Schools

  • Reeds Spring Elementary And Middle School
  • Reeds Spring High School

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Municipal Trash
  • High Speed Internet

Community Details

  • 13 Units

Property Details

Home Type

Multi-Family

Year Built

1926

Lot Details

0

Listing Details

  • Property Type: B
  • Property Sub Type: Apartment Building
  • Estimated Year Built: 1926
  • Inside City Limits: Yes
  • Legal Description: CRAIGS ADDITION TO REEDS SPRING BEG NW COR BLK 8, SE ALONG ALLEY LINE128 FT TO W LINE OF STREET, S ALONG STREET LINE 45.64 FT, NW PARALLEL TO NLINE OF SW SW 162.44 FT TO ERLY R/W OF HWY, NE ALONG R/W 107.94 FT TO POB
  • Special Features: None
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Appliances: Microwave, Oven/Range, Refrigerator
  • Full Bathrooms: 1 Per Unit, 2 Per Unit
  • Sq Ft Finshd And Unfnshd: 5000 or more
  • Estimated Sq Ft: 10000.00
  • Unit Features: All Units

Exterior Features

  • Waterfront View: None
  • Lake/River: None
  • Roofing Material: Metal
  • Construction: Concrete Block, Metal, Wood Frame
  • Streets: Asphalt
  • Buildings: One Building, Two Stories

Garage/Parking

  • Parking: One Per Unit

Utilities

  • Cooling: Window Unit(s)
  • Flood Insurance: Not Required
  • Heating: Central
  • Sewer: City Sewer
  • Water: City Water
  • Utilities: Electricity, High Speed Internet Access, Sewer, Trash, Water

Association/Amenities

  • Amenities: Central Laundry

Schools

  • Elementary School: Reeds Spring
  • Middle School: Reeds Spring
  • High School: Reeds Spring

Lot Info

  • Estimated Lot Size Acres: 0.2900
  • Lot Dimensions: 100x159x89x112
  • Zoning: commercial

Rental Info

  • Total Monthly Rent: 6229.00
  • Type of Tenancy: Lease

Tax Info

  • Real Estate Tax: 1200.00
  • R E Tax Provided By: Owner
  • Assessor Parcel Number: 08-7.0-25-003-012-001.000
  • Tax Year: 2020

Multi Family

  • Total Units: 13

MLS Schools

  • Elementary School: Reeds Spring
  • High School: Reeds Spring
  • Middle School: Reeds Spring

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
02/25/2021 02/25/21 Sold -- -- --
12/14/2020 12/14/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $550,000 -- $55 / Sq Ft
Source: Southern Missouri Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Missouri Regional MLS

MLS Number: 60179640

Southern Missouri Regional MLS