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    Address Not Available By Request

    Vandalia, MO 63382
    • $650,000
    • STATUS: Active
    • ON SITE: 308 days
    • ID#: 20071221
    UPDATED: 37 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 2021-08-04T14:50:05.947.

    Terry Gannon | Re/Max Results: 314-359-0723
    www.terrygannon.net/homes/110502604
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    Address Not Available By Request Vandalia, MO 63382

    • Price: $650,000
    • Status: Active
    • Updated: 37 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

    Attached Garage YN No Construction Materials Conventional Lot Size Dimensions 60X120 Lot Size Source Builder Parking Features Other Road Frontage Type City Street Roof Architecural Shingle Unit Location CityCorner LocationDowntownSuburban

    Interior Features

    Above Grade Finished Area Source Builder Building Square Footage 1144.00 Cooling Electric Heating Forced Air Heating YN Yes

    Property Features

    Association St. Charles County Board of REALTORS Commercial Type Residential Land Current Use 1 StoryResidential Disclosures UnknownLimited Seller Discl Documents Available Building PlansFloor PlanLeases Electric 220 Volts Existing Lease Type Modified Gross Inclusions Land/Building & Bus Lease Term 1 Year Or Less Net Operating Income 51000 Operating Expense Includes InsuranceReal Estate Tax Possession Close Of Escrow Possible Use Residential Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 7560 Tax Year 2020 Transaction Type Sale Utilities Cable AvailableElectricity AvailableWater AvailableSewer AvailablePhone Available Water Source 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 2021-08-04T14:50:05.947.

    Terry Gannon | Re/Max Results: 314-359-0723
     
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    Terry Gannon | Re/Max Results
    7620 Augusta Ave
    St. Louis MO, 63121