825 South Bishop, Rolla, MO 65401

$749,000
List Price
$749,000
Days on Market
164
MLS#
18015502
Status
ACTIVE
Lot Size
37,462
Acres
0.86
Year Built
1970
Age
48
Subdivision
RAILROAD
Municipality
Rolla
County
Phelps
Listing Type
Multifamily

Property Description

EXTRAORDINARY INVESTMENT OPPORTUNITY WITH VERY GOOD CASH FLOW. PROPERTY HAS 15 RESIDENTIAL APARTMENTS AND 4 COMMERCIAL STOREFRONTS/OFFICES. LOCATION IS VERY DESIRABLE WITH CORNER LOT AND HIGH TRAFFIC COUNT AT CORNER OF SOUTH US HIGHWAY 63 (BISHOP AVE) & LANNING LANE. RIGHT ACROSS STREET FROM BIG LOTS STORE. ZONED C-2. SHORT WALK TO ROLLA LIONS CLUB PARK, WALMART AND ALDI. PROPERTY HAS ENJOYED GOOD OCCUPANCY HISTORY. NEW ROOF INSTALLED SPRING 2018. IF YOU ARE SEARCHING FOR AN EXCELLENT INVESTMENT PROPERTY THIS ASSET OFFERS MANY OPTIONS FOR YOU.

Additional Information

School District
Rolla 31
Elementary School
Col. John B. Wyman Elem.
Jr. High School
Rolla Jr. High
Sr. High School
Rolla Sr. High
Construction
Frame
Parking Description
Parking Lot, Unassigned
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Electric
Taxes Paid
7307
Selling Terms
Cash, Conventional, Government

Mortgage Calculator

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Listing courtesy of Williams Real Property, LLC.

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