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118 S Main Street

Chaffee, MO 63740
  • $175,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • ID#: 23022182
Under Contract
UPDATED: 74 min ago
$175,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,795
    SQFT
  • $63
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1946
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

INVESTOR ALERT " TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s " the adjoin each other * 5 unit apt building at 118 S. Main itself is an Outstanding Value and Great Income Producer " amazing Cap Rate of approx. 13% based on Market Value of $175,000 for 118 S. Main * One Efficiency Apt. - $450 * Three 1BR, 1BA - $475, $425, $425 * One 2BR, 1 BA- $575 * Gross Operating Income: $29,100 * Coin operated laundry on 2nd floor shared with tenants in 116 S. Main * Plus Apt. #4 has w/d hookups * Tenants pay electric * Small garage in rear *

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Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-06-01T07:39:57.77.

Delhougne Realty Group: (636) 238-3830
www.homeswithvision.com/homes/138853230
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118 S Main Street Chaffee, MO 63740

  • Price: $175,000
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 74 min ago
  • ID#: 23022182
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2,795
SQFT
$63
$/SQFT
1946
Built
Neighborhood:
Town Of Chaffee
County:
Scott
Elementary School:
Chaffee Elem.
Middle School:
Chaffee Jr.-Sr. High
High School:
Chaffee Jr.-Sr. High
School District:
Chaffee R-Ii
Property Description
INVESTOR ALERT " TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s " the adjoin each other * 5 unit apt building at 118 S. Main itself is an Outstanding Value and Great Income Producer " amazing Cap Rate of approx. 13% based on Market Value of $175,000 for 118 S. Main * One Efficiency Apt. - $450 * Three 1BR, 1BA - $475, $425, $425 * One 2BR, 1 BA- $575 * Gross Operating Income: $29,100 * Coin operated laundry on 2nd floor shared with tenants in 116 S. Main * Plus Apt. #4 has w/d hookups * Tenants pay electric * Small garage in rear *
Exterior Features

Attached Garage YN No Construction Materials Fl Brick/Stn Veneer Lot Size Dimensions 25X140 Lot Size Source County Records Parking Features Guest ParkingOn StreetParking Garage

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heat Source Electric Heating Baseboard Heating YN Yes Laundry Features Coin Operated

Property Features

Association Southeast Missouri Realtors Builder Model Low/1-2 Cable Available Yes Current Financing Cash OnlyConventional Disclosures UnknownSellers Discl. Avail Inclusions Building & Land Lease Term Leases Location Downtown Net Operating Income 22002.07 Ownership Private Possession Close Of Escrow Property Condition None Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 488 Tax Year 2022 Tenant Pays Cable TvElectricity Transaction Type Sale Two Bed Units 1 Water Source Public

Listing provided courtesy of Edge Realty: 3358111. Listing information © 2023 Mid America Regional Information Systems, Inc.
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-06-01T07:39:57.77.

Delhougne Realty Group: (636) 238-3830
 
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Delhougne Realty Group
16305 Swingley Ridge Dr, Suite 550
Chesterfield MO, 63017