Properties

Remarks

Rare investment opportunity: a package of three side-by-side properties on 3rd Street in Maryville, MO. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces. • 319 W 3rd: Three 1-bedroom apartments and one 2-bedroom apartment • 315 W 3rd: Two 2-bedroom apartments and one unfinished, framed 2-bedroom apartment ready for remodel. • 311 W 3rd: Two 2-bedroom apartments, one 1-bedroom apartment, and two studio apartments. The properties generate a gross annual rental income of $100,380, with all available units rented until May 2025 and several leases already renewed for the following year. Unit #12 is unoccupied and ready to be remodeled and rented for additional income. Amenities include a heated/cooled maintenance shop with a garage overhead door behind the properties and an on-site laundry facility located in one property’s basement. This all-in-one investment package, complete with maintenance and laundry facilities and the potential for growth, is an excellent addition to any portfolio.

Listing Office: Fathom Realty MO LLCMLS ID: 2520898