641 N Main St - Apartments FOR SALE


Poplar Bluff, MO 63901
$599,900 USD
573-785-7600
641 N Main St, Poplar Bluff, MO for Sale
$599,900 USD
Apartments - FOR SALE
1/21
null | 16.68% Cap Rate

641 N Main St
Poplar Bluff, MO 63901


HIGHLIGHTS

  • Recently renovated property.

OVERVIEW

Completely updated 12-unit apartment complex! This property underwent a major renovation in 2022, offering modern upgrades throughout. Each of the twelve 2-bedroom, 1.5-bath units rents $700.00. Tenants are responsible for electric, water, and sewer, while the owner provides trash service, lawn care, and street lighting. A fantastic investment opportunity with strong rental income!

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$68 USD /SF

# OF UNITS

12

PRICE/UNIT

$49,992

CAP RATE

16.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C

APN/PARCEL ID

109-13-02-03-0-001-033-005-000,109-13-02-03-0-001-033-005-010,109-13-02-03-0-001-033-009-010

ASK ABOUT THIS PROPERTY

Ronnie Cline JrPoplar Bluff Realty, Inc.More Info
573-785-7600

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Ronnie Cline JrPoplar Bluff Realty, Inc.More Info
573-785-7600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.