NOT LISTED FOR SALE

403 N Morgan St Lincoln, MO 65338

Studio
-- Bath
-- Sq Ft
1974 Built

Sale Details

Date Sold: August 26, 2022

254 Days on Market

About This Home

As of August 2022

SEE ATTACHED Offering Memorandum FOR DETAIL. 8-plex apartment buildings located within the city limits of Lincoln MO, Benton County. SELLER FINANCING TO APPROVED BUYER. 8- Units 3-buildings. 2-buildings house the rental units. 1-building houses the coin laundry & storage. Stand alone laundry building. Property owned equipment. Laundry monthly income $300 per +/-.All units 2-bedroom 1-bath Located on .64 acres within city limits City water and sewer Tenants pay own water, sewer & electric. (Services in Tenants name) Coin operated washer and dryer Owner pays streetlights, electric, water and sewer for laundry room

Last Agent to Sell the Property

Chuck Gray

RE/MAX TRUMAN LAKE License #1999056744 Listed on: 11/23/2021

RE/MAX TRUMAN LAKE

Co-Listed By

Dillon Wing

RE/MAX TRUMAN LAKE License #2020028476

RE/MAX TRUMAN LAKE

Last Buyer's Agent

Dillon Wing

RE/MAX TRUMAN LAKE License #2020028476

RE/MAX TRUMAN LAKE
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1974

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Additional Features

  • 2-Story Property
  • Lot Dimensions are 310x95

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for snow removal, trash service, yard maintenance

Community Details

Overview

  • 3 Buildings
  • 8 Units

Additional Features

  • Coin Laundry
  • Gross Income $60,000

Property Details

Home Type

Apartment

Year Built

Built in 1974

Listing Details

  • Age: 21-89
  • Estimated Year Built: 1974
  • Class: Multifamily
  • Lvt Date: 11/23/2021
  • Streets: Asphalt
  • Style: 2 Story
  • Type: Apartment Bldg.
  • Bathrooms Per Unit: One
  • Number Of Buildings: 3
  • Parking Per Unit: Two
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1974

Interior Features

  • Appliances: All Apartments

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Off Street

Utilities

  • Utilities: City Gas, City Sewer, City Water
  • Laundry Facilities: Coin Operated, Owned

Lot Info

  • Lot Size: 310x95
  • Number Of Acres Source: Gis
  • Zoning: Multi Family

Rental Info

  • Monthly Rent Income: 5000
  • Owner Pays: Snow Removal, Trash Service, Yard Maintenance
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units: 8
  • Number Of2 Bedroom Units: 8

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold -- -- --
04/06/2022 04/06/22 Price Changed $495,000 -5.7% --
11/23/2021 11/23/21 For Sale $525,000 -- --
Source: West Central Association of REALTORS® (MO)

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (MO)

MLS Number: 91209

West Central Association of REALTORS® (MO)
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