NOT LISTED FOR SALE

500 N Grand St Salem, MO 65560

-- Bed
-- Bath
3,644 Sq Ft
2005 Built

Last Sold August 16, 2021

96 Days on Market

About This Home

As of August 2021

Are you looking for an investment property? Rental properties are a proven way to invest in real estate while building wealth and generating income. You could live in one side and rent out the other. With 1,822 square feet per unit, each unit has 3 bedrooms, 2 bath and offers tile floors in the kitchen, living room, dining room, bathrooms and laundry. Bedrooms have laminate flooring. This unique building is constructed of insulated concrete forms which offer strength, durability and is energy efficient. Another great feature is the Hardy Board siding which is long lasting and holds up well. Let us help you start or add to your rental investments. Grand St duplexes are currently rented with tenant leases expiring 8/31/2021 and 10/31/2021 and currently bring in $1,275 total per month in rent. This is a great location close to the City Park and the Salem Community Center. CALL US TODAY!

Last Agent to Sell the Property

Babette Wells

United Country Salem Realty License #2003010445 Listed on: 05/07/2021

Last Buyer's Agent

Babette Wells

United Country Salem Realty License #2003010445 Listed on: 05/07/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 195x160
  • Open Lot

Parking

  • Off-Street Parking

Home Design

  • 3,644 Sq Ft Home
  • Duplex

Schools

  • Wm. H. Lynch Elem. Elementary School
  • Salem Jr. High Middle School
  • Salem Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, sewer, trash removal, water
  • Assessor Parcel Number 08-6.0-13-4-07-002.000

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Age: 16
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 3644

Garage/Parking

  • Parking: Off Street, Open Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Salem R-80
  • Elementary School: Wm. H. Lynch Elem.
  • Middle School: Salem Jr. High
  • High School: Salem Sr. High
  • Elementary School: Wm. H. Lynch Elem.
  • Junior High School: Salem Jr. High
  • School District: Salem R-80
  • Senior High School: Salem Sr. High

Lot Info

  • Lot Dimensions: 195x160

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Sewer, Trash Removal, Water

Multi Family

  • Gross Operating Income: 1275.00
  • Units: 2
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2070
  • Assessor Parcel Number: 08-6.0-13-4-07-002.000

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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
08/16/2021 08/16/21 Sold -- -- --
05/07/2021 05/07/21 For Sale $205,000 -- $56 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21025776

MARIS MLS