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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision Jordan'S Pass No. 2
MLS Listing ID 25005110
Sold Date 04/28/25
Construction Status 85
Year Built 1940
Building Age 85
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions IRREGULAR
Property Sub-Type Multi-Family 5+
Property Description
Investment Opportunity - Complex has 24 units within walking distance of Missouri University of Science and Technology. There are six buildings situated on approximately 1.5 m/l acres of the 5 acre m/l parcel allowing room for growth. There are 18 two bedroom apartments, 4 one bedroom apartments, a 1 bedroom house and a 4 bedroom house. All units come with a stove and refrigerator with several having dishwashers and microwaves. Tenants have 24/7 access to coin-operated washer and dryers. Gross potential income exceeding $15,000/month. Strong demand for student housing in the area. Don't miss out on this incredible opportunity to invest in a thriving community. Prime location and just minutes from the Missouri S & T campus.
Location
State MO
County Phelps
Area Rolla
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Coin Operated, Common Laundry
Building
Sewer Public Sewer
Water Public
Structure Type Other,Vinyl Siding
Construction Status 85
Schools
Elementary Schools Harry S. Truman Elem.
Middle Schools Rolla Middle
High Schools Rolla Sr. High
School District Rolla 31
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Shawn McArthur