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$350,000   Price Analysis
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1259 N Business 49
Neosho, MO 64850
Unknown bed None bath 4,544 SqFt ($77/SqFt)
0.74 acre lot.
Listed 2024-02-16
USDA Eligible
near Neosho, MO
 Restrictions may apply
due to home size

BACK ON THE MARKET!

No fault of Sller or property. Welcome to a PRIME INCOME OPPORTUNITY in Neosho, MO! This multi-family property boasts a duplex with two 2-bedroom, 1-bath units, plus a separate 3-bedroom, 2-bath house--all fully rented.

Additionally, there are garage/shop spaces generating extra income. Positioned perfectly along Business 49, this property is a solid investment for both seasoned investors and newcomers alike. With steady rental income, it's a reliable cash cow in a desirable location.


Presented by Nina Moser at
ReeceNichols - Neosho.
Listing Agent Photo

Property MLS #240683 from OzarkGatewayRegional

Cooling Features: Central
Heating Features: Central Electric

Flooring: Vinyl, Wood

Lot Size Acres: 0.74
Lot Size Dimensions: 0.74 Acres
Lot Size Square Feet: 32234

Elementary School: G.W. Carver
Middle School: Neosho
School District: Neosho

Neosho High School is a public high school located approximately 1.6 miles away.
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Central Elementary School is a public elementary school located approximately 1.9 miles away.
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Neosho Christian Schools is a private elementary, middle and high school located approximately 1.9 miles away.
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Neosho Jr. High School is a public middle school located approximately 1.9 miles away.
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Gross Scheduled Income: 40250.00

Number of Units: 5
Number of 2 Bedroom Units: 2
Number of 3 Bedroom Units: 1

Annual Tax Amount: 2020.60
Source Listing Status: Active
County: Newton
Directions: I-49 & Hwy 86/Bus 49, east on Bus 49 towards Neosho 1.5 miles to property on North side of road just past Skateland
Source Property Type: MultiFamily
Area: 13 - Neosho Area
Source Neighborhood: 13 - Neosho Area
Property Subtype: Multiple Buildings
Source System Name: C2C

Listed 2024-02-16
$350,000
OzarkGatewayRegional
Listed 2024-02-16
$350,000
SOMO

Total Square Feet Living: 4544
Property Condition: Existing Structure, New Construction
Roof: 3 Tab (Composition), Metal
House Style: Side by Side, Traditional

Electric On Property: Yes
Elec - Liberty
Sewer - Septic
Water - City
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farm_landhouse_viewhouse_view

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.