NOT LISTED FOR SALE

610 W 4th St Sedalia, MO 65301

Estimated Value: $165,000 - $217,000

4 Beds
4 Baths
10,153 Sq Ft
$18/Sq Ft Est. Value

Last Sold October 11, 2023

Current estimated payment $1,062/month

41 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of October 2023

15 unit Sedalia Portfolio Sale, a remarkable opportunity to own a 15 unit/6 property portfolio in the thriving city of Sedalia, MO. Boasting a stabilized 10% CAP rate, this portfolio is a solid investment that is primed for success. What sets this offering apart is the extensive renovations that have been completed on all properties. From brand new roofs to updated electrical systems and cosmetic enhancements, the seller has gone above and beyond to ensure that these units are in top-notch condition. Additionally, 11 of the units have separately metered utilities, offering convenience and flexibility for both tenants and landlords. Located within minutes of each other in the heart of Sedalia, these properties are perfectly positioned in a red-hot rental market. The city has experienced significant growth, becoming a hub for manufacturing and logistics in central Missouri. With major employers like NuCor Steel, Pepsi, and Tyson Foods nearby, the demand for rental units remains consistently high. Don't miss out on this exceptional investment opportunity! Contact us today to learn more about the Sedalia Portfolio Sale and secure your spot in this thriving market. Property Name: 15 unit/6 property portfolio Address: Sedalia, MO 65301

Last Agent to Sell the Property

Charlene Bishop

RE/MAX TRUMAN LAKE Brokerage Phone: 660-525-0393 License #1999056744 Listed on: 07/18/2023

RE/MAX TRUMAN LAKE

Last Buyer's Agent

Sharp Homes Team

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Lot Details

  • 7,335 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 10,153 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Window Unit Cooling System
  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 152004138010000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • Gross Income $126,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Charles Gray
  • List Office Mls Id: HMSRMX_81
  • List Office Name: RE/MAX TRUMAN LAKE
  • List Office Phone: 660-885-2201
  • Mls Status: Sold
  • Operating Expense: 34992
  • Age Description: 76-100 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: Dillon Wing
  • Phone Other Type: Cell
  • Package: Yes
  • Attribution Contact: 660-525-0393
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric, Window Unit(s)
  • Heating: Baseboard, Electric
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: TBD

Schools

  • Junior High Dist: Sedalia

Lot Info

  • Zoning: M
  • Building Area Total: 10153
  • Lot Size Sq Ft: 7335
  • Parcel Number: 152004138010000
  • Subdivision Name: None
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 15

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 126540
  • Current Occupancy Rate: Over 95%
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 2601
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Oct 26, 2023
Sold by
Allaboyina Shaym S and Allaboyina Padmaja
Bought by
610 W 4Th Street Trust
Seller's Agent
Charlene Bishop
RE/MAX TRUMAN LAKE
Buyer's Agent
Sharp Homes Team
Epique Realty
List Price
$825,000
Views
103
Current Estimated Value
$186,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.90%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
610 W 4Th Street Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2023 10/11/23 Sold -- -- --
08/01/2023 08/01/23 Price Changed $800,000 -3.0% $79 / Sq Ft
07/18/2023 07/18/23 For Sale $825,000 +1733.3% $81 / Sq Ft
08/12/2022 08/12/22 Sold -- -- -- View Prior Sale
08/12/2022 08/12/22 For Sale $45,000 -- $22 / Sq Ft
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $1,034 $16,210 $2,830 $13,380
2023 $1,003 $16,210 $2,830 $13,380
2022 $623 $10,140 $2,570 $7,570
2021 $617 $10,140 $2,570 $7,570
2020 $617 $10,140 $2,570 $7,570
2019 $613 $8,650 $2,240 $6,410
2017 $525 $8,650 $2,240 $6,410
2016 $519 $8,650 $2,240 $6,410
2015 $520 $8,650 $2,240 $6,410
2014 $518 $8,740 $1,680 $7,060
2013 -- $8,740 $1,680 $7,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2445652

Heartland MLS

APN: 152004138010000