$589,000 Price Analysis    ♡   Knob Noster, MO 65336 Unknown bed None bath unknown SqFt ($0/SqFt) 0.25 acre lot. Built 1968 Listed 2024-05-13, Taxes $1,279 | ✓ USDA Eligible near Knob Noster, MO |
Investor Opportunity!
* Sale Pending *Two fourplexs plus an acre of developable land in Knobnobster near Whiteman Airforce Base. In this listing are 206 and 208 Grant. Both units recently had new gutters, downspouts, soffits and fascia completed this month, a $12k investment. The complex, managed by local property management company, usually runs at 90% occupancy. It currently has 6 of 8 units occupied. Many of the tenants over the years have been airmen from the Whiteman Airforce Base. The acre of developable land is located in three lots surrounding the two fourplexes. The price of those lots with the 8 units are included in the list price of $589k.
The lots can be purchased stand alone for $50k. The fourplexes can be purchased without the property for $550k. Buying them all together saves $11k. The land is perfectly situated for expansin and the acre of land could sufficiently hold another 3 fourplexes for a total of 20 units on the property. One half acre is located directly to the south of the four plexes on the same lot. The other half acre is located directly to the east of the property on the back side of the fourplexes. The east lot currently has an empty trailer on the lot that will most likely need to be removed prior to development. The two fourplexes today meets the 1% investor ROI rule without any additional expansion. Showings are by appointment and must be scheduled 24 hours in advance with the property management company.
Presented by Jason Holsman at
Chartwell Realty L L C.
Property MLS #2488268 from Heartland
Heating Features: Forced Air
Lot Size Square Feet: 10890
Parking Features: Paved
Parking Total: 8
Unit Type: 2 Bedroom
Unit Features: 2 Bedroom BathsTotal: 1
School District: Knob Noster
Map directions Map directions Map directionsSource Listing Status: Pending
County: Johnson, MO
Directions: From 50 HWY turn south on N State ST, then turn east on US 50 Bus, then turn north on Grant road, the property is located on the east side of Grant road. One vacant lots is located directly to the south in the same lot as the four plexes. The other two lots are located directly behind the fourplexes to the east.
Source Property Type: Residential Income
Area: 220 - Johnson County, Mo
Source Neighborhood: 220 - Johnson County, Mo
Parcel Number: 10502202013000202
Zoning: multi
Flood Plain: No
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $21,446 | $1,279 |
| 2021 | $unknown + $unknown $21,446 | $1,321 |
| 2020 | $unknown + $unknown $20,461 | $1,268 |
| 2019 | $unknown + $unknown $20,461 | $1,235 |
| 2018 | $unknown + $unknown $20,461 | $1,183 |
| 2017 | $unknown + $unknown $20,461 | $1,176 |
| 2016 | $unknown + $unknown $20,461 | $1,178 |
| 2014 | $unknown + $unknown $20,461 | $1,190 |
| 2013 | $unknown + $unknown $20,461 | $1,189 |
| 2010 | $unknown + $unknown $20,461 | $1,032 |
$589,000
Heartland
Listing removed 2016-06-01
$390,000
Heartland
Relisted 2015-06-02
$390,000
Heartland
Listing removed 2015-05-31
$440,000
Heartland
Listed 2013-05-31
$440,000
Heartland
Construction Materials: Vinyl Siding
Property Age: 56
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: 51-75 Years
Ind Heat And Air
Ind Water Heaters
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.