D
Seller's Agent in 2022
David Schott
Acar Real Estate, Inc
14
Beds
1
Bath
6,600
Sq Ft
6,534
Sq Ft Lot
About This Home
As of December 2022Attention Investors! Possibilities abound with this well-situated rental property which can bring solid passive income into the future. Located just blocks from MS&T and Downtown Rolla, this well maintained 14-bedroom apartment complex has been recently renovated w/ hardwood floors throughout. It is fully leased through July 2023. Divided into 3 large units that have been rented to larger groups in the past. Property is currently rented on a room-by-room basis to 14 University Students with utilities included. Current gross income totals over $5300/ month.
Continue to rent to students based on the close proximity to MS&T or live in one unit and rent the others. This property also falls within the Rolla Arts and Entertainment Overlay District which allows for a variety of business types including: Cafes/Restaurants, Dance/Yoga Studios, Antique Stores, Art Galleries, Coffee Shops, Jewelry Stores, Barber/Beauty Shops, Book Stores and many more (see attached map and information).
Last Agent to Sell the Property
David Schott
Acar Real Estate, Inc License #2018015566 Listed on: 09/20/2022
Property Details
Home Type
- Apartment
Year Built
- Built in 1920
Lot Details
- 6,534
Home Design
- 6,600 Sq Ft Home
- Stucco
Parking
- 2 Parking Spaces Included
- Over 1 Space Per Unit
- On-Street Parking
Schools
- Mark Twain Elem. Elementary School
- Rolla Middle School
- Rolla Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Laundry in unit
- 6,534 Sq Ft Lot
Community Details
- 14 Units
- Low-Rise Condominium
Listing and Financial Details
- Tenant pays for no utilities
- Assessor Parcel Number 71-09-1.0-12-002-005-003.000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | -- | -- | -- | |
| 12/30/2022 12/30/22 | Pending | -- | -- | -- | |
| 09/20/2022 09/20/22 | For Sale | $529,000 | +561.3% | $80 / Sq Ft | |
| 03/31/2015 03/31/15 | Sold | -- | -- | -- | View Prior Sale |
| 03/31/2015 03/31/15 | For Sale | $80,000 | -- | $12 / Sq Ft | |
| 02/23/2015 02/23/15 | Pending | -- | -- | -- |
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 | $1,137 | $21,780 | $2,920 | $18,860 |
| 2024 | $1,038 | $19,310 | $2,170 | $17,140 |
| 2023 | $1,045 | $19,310 | $2,170 | $17,140 |
| 2022 | $887 | $19,310 | $2,170 | $17,140 |
| 2021 | $893 | $19,310 | $2,170 | $17,140 |
| 2020 | $810 | $17,080 | $2,170 | $14,910 |
| 2019 | $805 | $17,080 | $2,170 | $14,910 |
| 2018 | $798 | $17,080 | $2,170 | $14,910 |
| 2017 | $797 | $17,080 | $2,170 | $14,910 |
| 2016 | $771 | $17,080 | $2,170 | $14,910 |
| 2015 | -- | $17,080 | $2,170 | $14,910 |
| 2014 | -- | $17,080 | $2,170 | $14,910 |
| 2013 | -- | $17,080 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Joyce Thomas
Buyer's Agent in 2022
Joyce Thomas
RE/MAX Heart Of America
(573) 368-1296
98 in this area
154 Total Sales
-
Michael Woessner
Seller's Agent in 2015
Michael Woessner
Investment Realty, Inc.
(573) 578-4050
110 in this area
238 Total Sales
-
G
Buyer's Agent in 2015
Gene McFarland
Investment Realty, Inc.
Map
Source: MARIS MLS
MLS Number: MIS22061280
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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