Active
  • $425,000

    203 Recreation Avenue, Rockaway Beach, MO 65740

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    Other
    Built in 1940
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    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    8-unit rental property in Rockaway Beach, Missouri. The property includes one 3-bedroom/2-bath house, one 3-bedroom/1-bath unit, four 2-bedroom/1-bath units, and two 1-bedroom/1-bath units. All units are currently rented with long-term leases in place, bringing in a total of $7,485 per month. Tons of updates/remodels have been made in recent years, and there is room for more improvements that could increase rental income and value. With a solid cap rate based on current income, the property also has potential for higher returns if converted to short-term rentals. Located near Lake Taneycomo, this is a strong investment opportunity with steady cash flow!
    120 days
    on Zillow
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    236
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    10
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