$1,350,000
Active
46 Days Online
0 Beds0 Baths0 SQFT
Active

600 W Jackson Street Warsaw, MO 65355

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Excellent investment opportunity for 21 apartment units in the heart of the Ozarks, Warsaw, Missouri. Offering a great unit mix of 1, 2, and 3 bedroom units, as well as 4 convenient storage units on a spacious 1 ¼ acre lot. The units boast a strong rental history, with high demand leading to swift lease up and sustained occupancy. All units are on city utilities, and 14 of the 21 units are separately metered for electricity with tenants paying in their names. 7 units are on one meter with landlord paying electricity for those, landlord pays water for all but 1 unit. There is fantastic value add opportunity, with multiple units under market rent, as well as on site coin laundry room that is currently not being utilized. Or monthly utility fees to help offset utility expenses. A significant portion of the units have been recently renovated, offering upgraded paint, vinyl plank flooring, mini split systems, decking, and more. This prime location presents an attractive opportunity to expand your portfolio in a desirable market. Note: all units are currently occupied, and showing requires an executed LOI or Purchase and Sale Agreement. All units can be viewed/ inspected during diligence period. Site visits are encouraged, please do not disturb tenants.

  • Property TypeCondo
  • NeighborhoodN/A
  • CountyBenton
  • Taxes$7,768
  • HOA/Condo/Coop Fees$0
  • Days on Site45 Days
  • MLS StatusActive
  • MLS ID Number2481374
  • Home Size Source N/A
  • Year Built1945
  • Lot Size1.25 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BlockVinyl Siding
  • Parking Off Street
  • Number of Stories 2
  • Water Public
  • Property Sub Type Apartment
  • Utilities Other
  • Zoning R-3
  • Sewer City/ Public

Interior Features

  • Cooling Other
  • Heating Other

Exterior Features

  • Roof Metal
  • Construction Details BlockVinyl Siding

Community Features

  • Association Dues 0
  • MLS Area 222 - Benton County

Schools

School District
Warsaw
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$7,200
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