602 Olive Street

    De Soto, MO 63020
    • $907,500
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 19076694
    UPDATED: 30 min ago
    $907,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981
    County:
    Area:

    School Information

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

    Description

    Listing includes 2 brick veneer garden style apartment buildings consisting of: (11) one-bedroom units with attached carports at current rents of $450 per month and (7) apartment units with a 1 car attached garage that are currently rented at $550 per month. These units have 4 rooms, one of which could be used as a second bedroom. There is also a separate laundry facility with coin operated washers and dryers, a furnished community/activity room and outside garden area. All 18 units are platted as condo's and could either be sold individually or rented. An excellent investment opportunity with the complex having always enjoyed high occupancy levels. This apartment complex has been well maintained over the years with both buildings basically having maintenance free exteriors.

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-11-22T12:49:24.66.

    RE/MAX Vision: (636) 238-3830
    www.homeswithvision.com/homes/99954912

    602 Olive Street De Soto, MO 63020

    • Price: $907,500
    • Status: Active
    • Updated: 30 min ago
    • ID#: 19076694
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1981
    Built
    Neighborhood:
    Westbury
    County:
    Jefferson
    Area:
    Desoto
    Elementary School:
    Vineland Elem.
    Middle School:
    Desoto Jr. High
    High School:
    Desoto Sr. High
    School District:
    Desoto 73
    Property Description
    Listing includes 2 brick veneer garden style apartment buildings consisting of: (11) one-bedroom units with attached carports at current rents of $450 per month and (7) apartment units with a 1 car attached garage that are currently rented at $550 per month. These units have 4 rooms, one of which could be used as a second bedroom. There is also a separate laundry facility with coin operated washers and dryers, a furnished community/activity room and outside garden area. All 18 units are platted as condo's and could either be sold individually or rented. An excellent investment opportunity with the complex having always enjoyed high occupancy levels. This apartment complex has been well maintained over the years with both buildings basically having maintenance free exteriors.
    Exterior Features

    Building Style Low/1-2 Construction Brick Veneer Predom Location City Lot Dimensions 0X0 Parking Description 1 Space/UnitCarport(S)

    Interior Features

    Building Unit Info No Units FurnishedSmoke/Alarm Detector Cooling Central-ElectricHeat Pump Heat Source Electric Heating Heat Pump Interior Misc Community/Rec Room Laundry Coin OperatedCommon Laundry Water Heater Electric

    Property Features

    1 Bed Units 18 Association Southern Gateway Association Of Realtors Cable Available Yes Conditions Unknown Cross Street Address 6th And 7th Disclosures Flood Plain NoOccupancy Perm Req Gross Operating Income 0.00 Net Income 0.00 Ownership Private Possession At ClosingTenants Rights Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Listing Conditions None Tax Year 2018 Taxes Paid 7918 Tenancy Type LeasesMonth To Month Tenant Pays Cable Tv/SatelliteElectric Total Expenses 0.00 Transaction Type Sale Type Apartment Complex Water Public

    Listing provided courtesy of Farm & Home Realty, Inc.. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-11-22T12:49:24.66.

    RE/MAX Vision: (636) 238-3830
     
    RE/MAX Vision
    16305 Swingley Ridge Dr, Suite 550
    Chesterfield MO, 63017