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USAMORockaway BeachRockaway Beach203 Recreation Ave
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$425,000

203 Recreation Ave, Rockaway Beach, MO

Real Estate

For Sale

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000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $1,004
Days Active 65
Lot Size 
Approx. Age 1940
MLS® Number 60293195

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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!Show Description
MLS® Number60293195
Laundry Level
Central VacNo
FireplaceNo
Acreage0.46
Exterior
GarageNo
Approx. Age1940
Basement
Driveway1 per Unit
Garage Spaces
HeatBase Board, Space Heater
A/CWindow Unit(s)
Heating Fuel

Extras

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