$559,000

303 W Olive Street

Mt Vernon MO, 65712

Description

Great investment property in wonderful location just south of Mt. Vernon Blvd!!! 16 total units, 8 1 bedroom, 8 2 bedroom. Each unit has 1 bathroom. Most of the units have been remodeled with new flooring and new appliances. 1 bedroom units rent for $450/month and 2 bedroom units rent for $550/month. A couple units that have not been remodeled rent for less. There are currently only 3 units that are vacant at this time. Total rent being collected per month is $6,325. The 2 lots next to this complex are included in the sale. Bring all offers!

Details

MLS#60149796
Sub-TypeResale
StatusPending - Show
Year1978
Days On Site57

Features

Units16
Building(s)2

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Area Information

StateMO
CityMt Vernon
Zip Code65712
Listing VS Median (in 65712)
Price:
$559,000
low | high
Med:
$76,750
100% of Average
On Site:
57
low | high
Med:
280.5
20.320855614973% of Average
Listing Updated: 12/12/2019
MLS Number: 60149796
Listing Provided By:
Michael A. Blain  of  Hubbert Realty
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Springfield MLS.