3 duplexes - 6 units. Owner has never had more than one month of vacancy since 2012. All tenants are on year leases, owner renews the leases year by year, no month to month leases. Owner receives over 30 inquiries in 24 hours when a unit becomes available, no issue's with renting within 48 hours. All leases include water & sewer, appliances included for all units are: washer/dryer, stove, fridge, dishwasher, garbage disposal and microwave. Very easy maintenance, almost no common area maintenance expense per year. Owner has placed all HVAC units & water heaters on back side of units that can be accessed from the private entry, making it very easy for the owner to change furnace filters and maintain systems. Current CAP Rate is 9.34%. Property comes with approximately 5 acres, but more can be had if desired for additional buildings. Taxes shown are for the entire property, along with owners private shop. Once subdivided, taxes should be around $2400 per year.
Virtual Tours for 11 Countryside Villa Lane Brumley, MO
Lot & Building Features
Heating:Forced Air Electric, Heat Pump
Price History of 11 Countryside Villa Lane, Brumley, MO
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Listed by John Farrell Real Estate, JUSTIN R FARRELL, LLC/ FARRELL, JUSTIN
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Monthly Home Ins.
11 Countryside Villa Lane (MLS #3523231) is a commercial listing located in Brumley, MO.
This commercial listing is 5,400 sqft and on a lot of 174,240 sqft (or 4.00 acres) and is 8 years old. This property was listed on 03/11/2020 and has been priced for sale at $500,000.
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Listing information courtesy of: John Farrell Real Estate