Considering selling this investment property which includes the main house on 900 W Main, 505 Hickory, 507 Hickory, and 509 Hickory Ave in Cabool MO, All these properties are on the same lot, and they all run on the same water line. Each unit has it's own electric meter and the three one bedroom apartments are all electric with appliances. All units have been remolded over the last three years. This investment property would be perfect for someone who wants to live in the main house and rent the three apartment to pay the mortgage. The main house has a shared laundry room. All units are currently rented brining in $2350/Month. There is room for growth on the rents especially for the main house. If you already have a portfolio of rentals you could easily add to them with these turnkey properties at a 10% Cap Rate. There is also potential for a great Airbnb here. You could pay the tenant living at the house to manage the 3 apartments and increase rental rates significantly! As inflation continues to go up you could hedge your investments with real estate to future proof your investments. Don't miss out on this opportunity. Multifamily investment properties are hard to come by in Cabool MO. These units always stay rented and there is room for increased rent rolls. Great family home located right in the middle of town. It's only a minute to the highway, restaurants, schools, and more. The rest home is just across the street so you can keep tabs on loved ones. This is a great value for the size of home. This home would be a perfect place for a family. There are four bedrooms and a large living room and large dining room. The rest home is right out back with many resources for the elderly. Cabool is a small town community central to everything. It's about an equal distance to Mountain Grove, Houston, and Willow Springs. Serious inquiries only. I do not need help with this property!
Off market
$95,070
900 W Main St, Cabool, MO 65689
4beds
4,500sqft
SingleFamily
Built in 1942
0.41 Acres Lot
$-- Zestimate®
$21/sqft
$1,354 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Radiant, Other
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,500 sqft
Property
Parking
- Parking features: Carport, Off-street, On-street
Features
- Exterior features: Wood, Brick
- Has view: Yes
- View description: City
Lot
- Size: 0.41 Acres
Details
- Parcel number: 30011100101900600
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Concrete
- Roof: Metal
Condition
- Year built: 1942
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Cabool
Other
Other facts
- Close to everything
- Cooling System: Air Conditioning
- Parking Type: Covered Parking
- Water included in rent