600 W JACKSON ST
WARSAW, MO 65355

$1,350,000

N/A Beds

0 Baths

N/A Sq Ft

Status Active

MLS# 97285

Excellent investment opportunity for 21 apartment units in the heart of the Ozarks, Warsaw, Missouri. Offering a great unit mix of 1, 2, and 3 bedroom units, as well as 4 convenient storage units on a spacious 1 ¼ acre lot. The units boast a strong rental history, with high demand leading to swift lease up and sustained occupancy. All units are on city utilities, and 14 of the 21 units are separately metered for electricity with tenants paying in their names. 7 units are on one meter with landlord paying electricity for those, landlord pays water for all but 1 unit. Units currently grossing $14,735 mo There is fantastic value add opportunity, with multiple units under market rent, as well as on site coin laundry room that is currently not being utilized. Or monthly utility fees to help offset utility expenses. A significant portion of the units have been recently renovated, offering upgraded paint, vinyl plank flooring, mini split systems, decking, and more. This prime location presents an attractive opportunity to expand your portfolio in a desirable market. Note: all units are currently occupied, and showing requires an executed LOI or Purchase and Sale Agreement. All units can be viewed/ inspected during diligence period. Site visits are encouraged, please do not disturb tenants.

Details for 600 W JACKSON ST

Built in 1945

Electric

Mini Split

54 Days on website

1.25 acres lot

Interior

Appliances

All Apartments, Oven/Range, Refrigerator

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1945

Exterior And Lot

Exterior Features

Balcony

Lot Size Acres

1.25

Lot Size Square Feet

54450

Parking Features

Off Street

Utilities

Cooling

Electric

Heating

Mini Split

Area And Schools

City

Warsaw

County Or Parish

Benton

Subdivision Name

Unknown

Financial Info

Tax Annual Amount

$7,768.50

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX TRUMAN LAKE, 660-885-2201

Updated

3:58pm UTC- 5/28/2024

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