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    Address Not Available By Request

    Vandalia, MO 63382
    • $650,000
    • STATUS: Active
    • ON SITE: 217 days
    • ID#: 20071221
    UPDATED: 38 min ago
    $650,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,144
      SQFT
    • $568
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:

    School Ratings & Info

    Description

    Investors Portfolio - 10 single family homes. Builders personal rental property portfolio available for sale. Builder constructed all 10 of these properties between 2001 - 2006 and has used them as rental property since construction. All are located on 60x120 lots (a couple have 125' lots) and all are 3 bedroom, 1 bath with open Kitchen / Living area. All are 1,144 sq ft, 26x44' single family homes. Rent's range from low of $475 to current market of $600. Properties have been continuously rented and excellent income producers. Some have recent roofs due to previous storm damage and all are in good condition. All are built on slab with PVC and utilities in slab. Homes are all electric and include central HVAC systems. This collection of rental property is sold together - we will not break them out individually. Assessor's value is $670,490 and the asking price is $650,000 yielding a net 7.8% Annual Rate of Return.

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-05-05T16:49:21.823.

    RE/MAX Professional Realty: 573-336-4022
    www.fortleonardwoodrealestate.com/homes/110502604
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    Address Not Available By Request Vandalia, MO 63382

    • Price: $650,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 20071221
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,144
    SQFT
    $568
    $/SQFT
    2003
    Built
    Neighborhood:
    downtown
    County:
    Audrain
    Area:
    All Other Areas
    Property Description
    Investors Portfolio - 10 single family homes. Builders personal rental property portfolio available for sale. Builder constructed all 10 of these properties between 2001 - 2006 and has used them as rental property since construction. All are located on 60x120 lots (a couple have 125' lots) and all are 3 bedroom, 1 bath with open Kitchen / Living area. All are 1,144 sq ft, 26x44' single family homes. Rent's range from low of $475 to current market of $600. Properties have been continuously rented and excellent income producers. Some have recent roofs due to previous storm damage and all are in good condition. All are built on slab with PVC and utilities in slab. Homes are all electric and include central HVAC systems. This collection of rental property is sold together - we will not break them out individually. Assessor's value is $670,490 and the asking price is $650,000 yielding a net 7.8% Annual Rate of Return.
    Exterior Features

    Building Type 1 Story Construction Conventional Exterior Other Land Info Included Lot Dimensions 60X120 Parking Description Other Road Access City Street Road Frontage 120 Roof Architecural Shingle Unit Location CityCorner LocationDowntownSuburban

    Interior Features

    Cooling Central-Electric Heating Forced Air Interior Walls Drywall Sq Ft First Floor 1144

    Property Features

    Association St. Charles County Board of REALTORS Building Fuel Electric Clear Ceiling Height 8 Commercial Lease Type Modified Gross Commercial Property Type Residential Land Conditions Unknown Current Use Residence Disclosures Limited Seller Discl Docs Avail At Office Building PlansFloor PlanLeases Electric Service 220 V Gross Operating Income 62100.00 Lease Terms 1 Year Or Less Lot Size Source Builder Net Income 51000.00 Offering Sale Operating Expense Property InsuranceReal Estate Tax Possession At Closing Possible Buyer Fees YN No Potential Use Residence Sale Includes Land/Building & Bus Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source Builder Tax Year 2020 Taxes Paid 7560 Total Expenses 11100.00 Utilities Available CableElectricWaterSewerTelephone Water Public Zoning Residential

    Listing provided courtesy of Luetkenhaus Properties. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-05-05T16:49:21.823.

    RE/MAX Professional Realty: 573-336-4022
     
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    Saint Robert MO, 65584