BEDS24
BATHS24 full
MLS#26024251
STATUSActive
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONCity
SCHOOLDoniphan R-I
Property Description
Investors take note! This 24 unit apartment complex has the potential to generate $23,276 monthly or $279,312 annually. There is a one bedroom unit being used as an onsite office. This for profit HUD complex offers nice, low maintenance exterior buildings, paved parking for tenants, all in a quiet and flourishing southeast Missouri town where units stay rented! The current manager has a waiting list so vacancies that cut into profits are minimal unless maintenance to the unit requires vacancy! With an onsite manager and management company willing to stay with the purchase, sit back and let the investment pay for itself. This complex generates enough income for the buyer to recoup their investment and still draw profit! There is a rent increase approved for October 1 of this year. The following amounts are current as of date, they will go up based on the amount approved in October.The complex is comprised of the following:8-1 bedrooms units that gross $829 each12-2 bedroom units that gross $985 each4-3 bedroom units that gross $1,206 eachCALL TODAY!
Property Features
Property Type: Residential - Townhouse
Cooling: Wall Unit(s)
Heating: Baseboard
Home Style: Apartment Style
Lot Size: 2.20 Acres
Year Built: 1982
Feature Descriptions
Exterior: Brick
Lot: City Lot, Few Trees, Sloped
Parcel#: 107137260010340010
Parking: Asphalt
Sewer: Public Sewer
SQFT. Above Grade: 17028
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Doniphan High
Middle School: Doniphan Middle
Elementary School: Doniphan Elem.
School District: Doniphan R-I
Listed By / Shown By
Listed By
Agency Name: Collins & Associates
Shown By
Agent Name: Holly Even
Agent Phone: (314) 616-9431
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 9,757.67 per month $9,261.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $495.83 Homeowner's Insurance
1020 E Washington | MLS# 26024251
This townhouse located at 1020 E Washington , Doniphan, MO 63935 is currently listed for sale with an asking price of $1,700,000. This property was built in 1982 and has 24 bedrooms and 24 full baths. E Washington is located in the City subdivision within the Doniphan R-I school district. Search City real estate on www.discoversaintlouishomes.com today.