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Seller's Agent in 2022
David Schott
Acar Real Estate, Inc
Attention 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
| 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 | -- | -- | -- |
| 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 |
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Seller's Agent in 2022
David Schott
Acar Real Estate, Inc
Buyer's Agent in 2022
Joyce Thomas / Shelley Klossner
RE/MAX Heart Of America
(573) 368-1296
22 in this area
38 Total Sales
Buyer's Agent in 2022
Joyce Thomas
RE/MAX
(573) 647-6285
99 in this area
155 Total Sales
Seller's Agent in 2015
Michael Woessner
Investment Realty, Inc.
(573) 578-4050
110 in this area
239 Total Sales
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Buyer's Agent in 2015
Gene McFarland
Investment Realty, Inc.
Source: MARIS MLS
MLS Number: MIS22061280
Ask me questions while you tour the home.