1018 Kingshighway

    Rolla, MO 65401
    • $699,000
    • STATUS: Active
    • ON SITE: 197 days
    • ID#: 19071858
    UPDATED: 20 min ago
    $699,000
    • 0
      BEDS
    • 1.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    This property is located on Kingshighway next to Burger King, close to I-44. The back of the property is connected to MST golf course. This sale includes: 1. One commercial concrete-block building with many parking lots in front/back. It currently is leased for $700 /month. It has an extra vacant office space for rent now. New HVAC was installed in 2016. Building area is 5,395 s/f. 2. Four pieces of billboards for $1120/month are leased. 3. Extra land on the property. 4.1018 A is a 3 bed/2 bath fully furnished residential rental property for $870/month. Living area is 1,200 s/f. 5. 1018 B is a 2bed/1 bath fully furnished rental residential property for $530/month. Living area is 879 s/f. The two houses were renovated inside-out with new roofs, kitchen appliances, washer/dryer, carpet/vinyl floors, paints and refinished wood floor in 2016. The sale includes furniture in the houses. Residential properties could be converted into commercial use. The land of the property is 1.29 ac.

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-04-09T19:48:48.103.

    Parson Realty Group: 314-614-9731
    www.parsonrealtygroup.com/homes/99263565

    1018 Kingshighway Rolla, MO 65401

    • Price: $699,000
    • Status: Active
    • Updated: 20 min ago
    • ID#: 19071858
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.29
    Acres
    1961
    Built
    Neighborhood:
    Kingshighway
    County:
    Phelps
    Area:
    Rolla
    Property Description
    This property is located on Kingshighway next to Burger King, close to I-44. The back of the property is connected to MST golf course. This sale includes: 1. One commercial concrete-block building with many parking lots in front/back. It currently is leased for $700 /month. It has an extra vacant office space for rent now. New HVAC was installed in 2016. Building area is 5,395 s/f. 2. Four pieces of billboards for $1120/month are leased. 3. Extra land on the property. 4.1018 A is a 3 bed/2 bath fully furnished residential rental property for $870/month. Living area is 1,200 s/f. 5. 1018 B is a 2bed/1 bath fully furnished rental residential property for $530/month. Living area is 879 s/f. The two houses were renovated inside-out with new roofs, kitchen appliances, washer/dryer, carpet/vinyl floors, paints and refinished wood floor in 2016. The sale includes furniture in the houses. Residential properties could be converted into commercial use. The land of the property is 1.29 ac.
    Exterior Features

    Building Desc Other Lot Dimensions 1.29 Parking Description Additional Parking

    Interior Features

    Appliances Some Some Microwave(S)Some Refrigerator(S)Some Washer/Dryer(S) Cooling Central-Electric Heat Source ElectricGas Heating Forced Air Water Heater Electric

    Property Features

    Association South Central Board Of Realtors Conditions Unknown Disclosures Sellers Discl Not Av Fixed Expenses Taxes Gross Operating Income 38640.00 Lot Size Source County Records Net Income 31494.00 Operating Expenses Lawn CareMaintenance Ownership Private Possession Lease Out Stand Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventional Sewer Public Special Listing Conditions None Tax Year 2018 Taxes Paid 5646 Tenancy Type Leases Tenant Pays All UtilitiesCable Tv/Satellite Total Expenses 7146.00 Transaction Type Sale Type Of Units 2-Family Water Public

    Listing provided courtesy of Acar Real Estate, Inc. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-04-09T19:48:48.103.

    Parson Realty Group: 314-614-9731
     
    Parson Realty Group
    856 Waterbury Falls Dr
    O'Fallon MO, 63368