$349,900 Price Analysis    ♡   Rolla, MO 65401 Unknown bed None bath 3,444 SqFt ($101/SqFt) 0.34 acre lot. Built 1948 Listed 2024-02-05, Taxes $1,667 | ✓ USDA Eligible near Rolla, MO Restrictions may apply due to home size |
Investment opportunity near MST Campus and Business Loop!
Discover a lucrative invest ment in this 8-unit multifamily property, strategically situated near the MST campus and the bustling business loop. Positioned directly behind Starbucks and Lee's Chicken, this property holds significant re-development potential. Whether you choos to maintain the existing layout or explore re-development possibilities, the location is poised for growth.
With 8 units, each offering a 1 bed 1 bath configuration, this property ensures a stable and attractive rental income. Each unit is equipped with essential amenities, including an electric heating stove and refrigerator. Seize this rare investment opportunity that combines a strategic location, growth potential and stable rental income. Act quickly to secure this prime property.
Presented by Matthew Woessner at
Investment Realty, Inc.
Property MLS #24006299 from MARIS
Furnished Description: Building & Land
Heating Features: Baseboard
Heating Fuel: Electric
Water Heaters: Electric
Lot Size Dimensions: 124'x120' m/l
Lot Size Source: County Records
Lot Size Square Feet: 14810
High School: Rolla Sr. High
Middle School: Rolla Jr. High
School District: Rolla 31
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Phelps
Cross Street: N Cedar Street
Directions: Bishop Ave to Cedar Street. Property on corner of Cedar/19th.
Tax Year: 2023
Ownership: Private
Source Property Type: Multi-Family 5+
Area: Rolla
Source Neighborhood: Schuman
Postal Code Plus 4: 2358
Property Location: City, Corner Location
Subdivision: Schuman
Property Subtype: Apt Bldg/Exterior En
Lot Number: 6&7
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $31,300 + $5,000 $36,300 | $1,667 |
| 2021 | $31,300 + $5,000 $36,300 | $1,679 |
| 2020 | $27,220 + $5,000 $32,220 | $1,527 |
| 2019 | $27,220 + $5,000 $32,220 | $1,518 |
| 2018 | $27,220 + $5,000 $32,220 | $1,505 |
| 2017 | $27,220 + $5,000 $32,220 | $1,502 |
| 2016 | $27,220 + $5,000 $32,220 | $1,453 |
| 2015 | $27,220 + $5,000 $32,220 | $1,418 |
| 2014 | $27,220 + $5,000 $32,220 | $1,390 |
| 2013 | $27,227 + $4,997 $32,224 | $1,395 |
| 2012 | $27,227 + $4,997 $32,224 | $1,376 |
| 2010 | $27,227 + $4,997 $32,224 | $1,367 |
| 2009 | $27,588 + $4,997 $32,585 | $1,374 |
| 2009 | $27,227 + $4,997 $32,224 | $1,374 |
| 2008 | $27,588 + $4,997 $32,585 | $1,359 |
$349,900
MARIS
Year Built: 1948
Building Features: Smoke/Alarm Detector
Construction Materials: Vinyl Siding
Living Area Source: County Records
Property Age: 76
Total Above Grade Sqft Area: 3444
Architectural Style: Low/1-2
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.