602 Olive, De Soto, MISSOURI 63020

$907,500
List Price
$907,500
Days on Market
54
MLS#
19076694
Status
ACTIVE
Year Built
1981
Age
38
Subdivision
Westbury
Municipality
De Soto
County
Jefferson
Listing Type
Multifamily

Property Description

Listing includes 2 brick veneer garden style apartment buildings consisting of: (11) one-bedroom units with attached carports at current rents of $450 per month and (7) apartment units with a 1 car attached garage that are currently rented at $550 per month. These units have 4 rooms, one of which could be used as a second bedroom. There is also a separate laundry facility with coin operated washers and dryers, a furnished community/activity room and outside garden area. All 18 units are platted as condo's and could either be sold individually or rented. An excellent investment opportunity with the complex having always enjoyed high occupancy levels. This apartment complex has been well maintained over the years with both buildings basically having maintenance free exteriors.

Additional Information

School District
Desoto 73
Elementary School
Vineland Elem.
Jr. High School
Desoto Jr. High
Sr. High School
Desoto Sr. High
Construction
Brick Veneer Predom
Parking Description
1 Space/Unit, Carport(s)
Cooling
Central-Electric, Heat Pump
Sewer
Public
Heating
Heat Pump
Water
Public
Heat Source
Electric
Taxes Paid
7918
Selling Terms
Cash, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Farm & Home Realty, Inc..

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified