NOT LISTED FOR SALE

514 N Main St Chaffee, MO 63740

Studio
-- Bath
4,142 Sq Ft
0.54 Acres

Last Sold November 01, 2021

1 Day on Market

Highlights

  • 0.54 Acre Lot
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Brick Veneer

About This Home

As of November 2021

INVESTOR ALERT – 4 Unit Apartment Building * Outstanding Value and Great Income Producer with amazing Cap Rate of 15-19% !! * All units are tenant occupied * One 1BR, 1BA - $425/mo * Two 2BR, 1BA - $400 and $500/mo * One 3BR, 2BA - $550/mo * Gross Operating Income: $22,500 * Annual Net Income: $19,112 * * All units have washer/dryer hook-ups, stove & refrigerator – except Apt #4 has her own stove & frig * Unit #2 (1BR, 1BA) has been mostly gutted & rehabbed * Other units are in fair to poor condition * Most have covered parking * Tenants pay all utilities * Gabled portion of roof is new * Property to be sold in it's current 'As Is' condition * This building can also be purchased along with 109 (MLS 21073630) & 115 (MLS 21073535) W. Yoakum and 116 (MLS 21073526) & 118 (MLS 21073541) S. Main for Package Price of $599,900.

Last Agent to Sell the Property

Marlene Bell

EDGE Realty ERA Powered License #1999110537 Listed on: 10/14/2021

EDGE Realty ERA Powered

Last Buyer's Agent

Wanda Duncan

EDGE Realty ERA Powered License #2002003326

EDGE Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 160x150

Home Design

  • 4,142 Sq Ft Home
  • Quadruplex
  • Brick Veneer
  • Vinyl Siding

Parking

  • Carport
  • Additional Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, sewer, trash removal, water
  • Assessor Parcel Number 04-4.0-18.00-001-004-001.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Age: 33
  • Ownership: Private
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Laundry Facility in
  • Square Footage: 4142

Exterior Features

  • Construction: Brick Veneer Decrtv, Vinyl Siding

Garage/Parking

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

Utilities

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

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: 160x150
  • Lot Sq Ft: 23522
  • Acres: 0.5400

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Sewer, Trash Removal, Water

Multi Family

  • Gross Operating Income: 22500.00
  • Units: 4
  • Total Expenses: 3388.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1169
  • Assessor Parcel Number: 04-4.0-18.00-001-004-001.00
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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
11/01/2021 11/01/21 Sold -- -- --
10/16/2021 10/16/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $99,900 -- $24 / 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 $1,234 $23,250 $0 $0
2024 $12 $20,880 $0 $0
2023 $1,232 $20,880 $0 $0
2022 $1,188 $20,090 $0 $0
2021 $1,213 $20,090 $0 $0
2020 $924 $19,300 $0 $0
2019 -- $19,300 $0 $0
2018 -- $19,300 $0 $0
2017 -- $18,940 $0 $0
2014 -- $18,660 $0 $0
2011 -- $18,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21073646

MARIS MLS