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    1020 E Washington Street

    Doniphan, MO 63935
    • $1,400,000
    • STATUS: Active
    • ON SITE: 239 days
    • ID#: 20058052
    UPDATED: 9 min ago
    $1,400,000
    • 0
      BEDS
    • 2.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,570
      SQFT
    • $392
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Investment opportunity of a lifetime owning 24 Section 8 HUD apartments. These units are owned by the original owner, and have never been on the market before. Very well kept, always scored extremely high on site inspections. 6 buildings with 8-1 bedroom units, 12-2 bedroom units, and 4-3 bedroom units. These units are under contract with HUD until 2028, and the contract can be renewed at that time. These are located in the opportunity zone with city utilities.

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-16T12:49:44.243.

    Parson Realty Group: 314-614-9731
    www.parsonrealtygroup.com/homes/109153565
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    1020 E Washington Street Doniphan, MO 63935

    • Price: $1,400,000
    • Status: Active
    • Updated: 9 min ago
    • ID#: 20058052
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.2
    Acres
    3,570
    SQFT
    $392
    $/SQFT
    1982
    Built
    Neighborhood:
    other
    County:
    Ripley
    Elementary School:
    Doniphan Elem.
    Middle School:
    Doniphan Middle
    High School:
    Doniphan High
    School District:
    Doniphan R-I
    Property Description
    Investment opportunity of a lifetime owning 24 Section 8 HUD apartments. These units are owned by the original owner, and have never been on the market before. Very well kept, always scored extremely high on site inspections. 6 buildings with 8-1 bedroom units, 12-2 bedroom units, and 4-3 bedroom units. These units are under contract with HUD until 2028, and the contract can be renewed at that time. These are located in the opportunity zone with city utilities.
    Exterior Features

    Building Style Low/1-2 Construction Brick/Stone Msn Pred Location CityCorner Location Lot Dimensions 565'X330' Parking Description 1 Space/UnitGuest ParkingParking Lot

    Interior Features

    Building Unit Info No Units FurnishedRestriction-PetsSmoke/Alarm Detector Cooling Central-ElectricWindow Unit(S) Heat Source Electric Heating Baseboard Interior Misc Drapes/Blinds Laundry Prvt Laund All Units Water Heater Electric

    Property Features

    1 Bed Units 8 Assoc Fee 0 Association Three Rivers Board Of Realtors BLDFIN AdvertisingInsuranceMaintenance/RepairsPersonal Prop Taxes Cable Available Yes Conditions Unknown Cross Street Address East Street Disclosures Flood Plain No Gross Operating Income 0.00 Lot Size Source Appraisal Net Income 0.00 Ownership Private Possession At Closing Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventionalGovernment Sewer Public Special Listing Conditions None Square Footage Source Appraisal Tax Year 2019 Taxes Paid 5871 Tenancy Type LeasesRestrictionsSubsidized Rents Tenant Pays Cable Tv/SatelliteElectric Total Expenses 0.00 Transaction Type Sale Type Apartment ComplexApt Bldg/Exterior En Water Public

    Listing provided courtesy of Poplar Bluff Realty Inc. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-04-16T12:49:44.243.

    Parson Realty Group: 314-614-9731
     
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    Parson Realty Group
    856 Waterbury Falls Dr Suite 200
    O'Fallon MO, 63368