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$134,900   Price Analysis
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116 S Morice St
Park Hills, MO 63601
Unknown bed 0 bath 7,560 SqFt ($17/SqFt)
0.51 acre lot. Built 1900
Listed 2024-01-09, Taxes $935
USDA Eligible
near Park Hills, MO
 Restrictions may apply
due to home size

This multi-family property offers a fantastic investment opportunity for those seeking a versatile space with potential value-added options.

Situated in a convenient location, this property features six apartments and two commercial spaces, providing various possibilities for rental income or business ventures. The building has a new roof as of 2023, ensuring durability and peace of mind for future owners. Included within this property is a fully operational laundromat, addng an additional revenue stream.The apartments were rented at $595.00 per unit, showc asing the demand for housing in the area.

The owner has intentionally not extended leases to allow for major renovations, presenting an exciting opportunity to customize the units according to your vision. While the upstairs apartments require significant renovations, many have already been taken down to the studs, offering a blank canvas for your creative touch.


Presented by Jason Garcia at
Quinlan Realty.


Property MLS #24001493 from MARIS

Lot Size Acres: 0.51
Lot Size Dimensions: 170 * 185
Lot Size Source: County Records
Lot Size Square Feet: 22216

Parking Features: Off Street

Elementary School: Central Elem.
High School: Central High
Middle School: Central Middle
School District: Central R-III

West Elementary School is a public elementary school located approximately 0.3 miles away.
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Central High School is a public high school located approximately 1 miles away.
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Central Middle School is a public middle school located approximately 2.2 miles away.
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Gross Income: 1000.00

Annual Tax Amount: 936
Source Listing Status: Active
County: St Francois
Directions: Hwy 32 W to E Elvins Blvd - Apts straight ahead
Source Property Type: Multi-Family 2-4
Area: Potosi R-3
Postal Code Plus 4: 3861
Source System Name: C2C
Coming Soon Date: 2024-01-09

YearAssessments
Building + Land
Total
Tax
2022$12,750 + $2,130
$14,880
$935
2021$12,750 + $2,130
$14,880
$867
2020$12,750 + $1,070
$13,820
$830
2019$12,750 + $1,070
$13,820
$830
2018$12,750 + $1,070
$13,820
$835
2017$12,750 + $1,070
$13,820
$835
2016$unknown + $unknown
$13,820
$834
2015$unknown + $unknown
$13,820
$834
2014$unknown + $unknown
$13,820
$837
2013$unknown + $unknown
$13,820
$812
2012$unknown + $unknown
$12,980
$761
2011$unknown + $unknown
$12,980
$761

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Net Operating Income: 2385.00

Total Square Feet Living: 7560
Year Built: 1900
Living Area Source: County Records
Property Age: 124
Structure Type: Needs Rehab
House Style: 4-Family
Total Above Grade Sqft Area: 7560

Sewer: Public
Water Source: Public
Click Thumbnail Images To View Full Size
house_viewunknownhouse_viewlaundry_roomlaundry_room
porch

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.