MAJOR PRICE REDUCTION!! Amazing investment opportunity, this 12 unit multi-family complex is nestled in the Ozarks just off the James River and minutes (literally like two) away from James River Outfitters Campground! Consisting of 6 studio, 3 one bed, and 3 two bed units the complex has been remodeled within the last 5 years with interior upgrades, separate HVAC units, hot water tanks, electrical, fire walls, and newer roof. Also on property is a 3/2 home that is currently being used as storage, but could be remodeled for an addition unit! Onsite laundry facility on property is another benefit to the tenants plus an addition source of income for the owner. Currently being used as long term rental, but no zoning restrictions for usage as nightly rentals! Here is the best part, this property is already rented at top market value, so the current owners have done the hard work for you! Flood Insurance is not required. All on city water and sewer.
Associated Fees
Taxes
Real Estate Tax
$2,800.00
Tax Year
2023
Tax I.D.
0830070020100001000
Tax Provided By
Assessor Records
Building Information
Property Info
Class Type
Apartment Building
County
Stone
Subdivision
Stone-Not in List
Sign On Property
Yes
View
City, River
Waterfront View
View
Lake River
James River
Building Info
Year Built
1960
New Or Under Construction
No
Roofing Material
Metal
Amenities
Central Laundry
Garage/Parking
Parking
One Per Unit
Construction & Utilities
Lot Info
Acres
0.60
Utilities / HVAC
Utilities
City, Electricity, High Speed Internet Access, Separate Meters, Sewer, Tenant Pays Part, Water
South on Highway 13 to Highway 176 to Highway 176. West on 176 to Galena, South on 248 (Main Street) to 5th Street. Left on 5th to property on the corner of Elm and 5th.
Courtesy of listing office RE/MAX House of Brokers
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