420 Bus 60 Cabool, MO $ 450,000
420 Bus 60
$ 450,000
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420 Bus 60

Cabool, MO, 65689
$ 450,000
Baths0.0 Sq 3,149

Monthly Estimate*

$ 2,991

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Studio

Multi-Family Home for sale in Cabool, MO

for $450,000. This 3,149 square foot home was built in 1933 on a lot size of 0.22.

What a phenomenal investment opportunity! This 12 unit complex has been largely renovated with each unit having new high efficiency window units, commercial grade easily replaceable tile carpeting, newer refrigerators, fresh paint, and newer water heaters. Additionally, a new metal roof has been installed on nearly the entire complex. A survey has been completed for the lot as well. There has been a waiting list of tenants despite the only advertising for vacancy being a ''for rent'' sign on the street! Currently the seller has 3 vacant units that will remain vacant for the purpose of showing. Rent is $525 per unit for a gross income of $6,300 per month at full occupancy. Expenses averaged $970 per month from May 2023 - May 2024. This comes out to approximately $5,330 of positive cashflow monthly! What a great asset to add to your portfolio!

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Multi-Family Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 426

Style

Apartment Building

Lot Size

0.22

Year Built

1933

Town/City

Cabool

County/Region

Texas

MLS | Web ID

60268771

Features
General
Sewer City Sewer
Construction Brick Metal Stone Stucco
Heating Wall Furnace
Cooling Wall Unit
Utilities City Electricity Master Meter Sewer Trash Water
Possession At Closing
Appliances Refrigerator
Parking One Per Unit
Water City Water
Zoning B2
Status Active
Bathrooms 1 Per Unit
Year Built 1933
Subdivision N/A
Township 02
Type Apartment Building
Property Type B
Transaction Type Sale
Tax Year 2023
Inside City Limits Yes
Will Sell 1031 Exchange Cash Conventional
Middle School Cabool
High School Cabool
Elementary School Cabool
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Exterior
Buildings One Building
Lake/River None
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Interior
Total Number of Units 12
Range 00
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* Excluded Features
List By
Colby S Williams

Listing Agent

cw.417realestate@gmail.com

Email

Affordability Calculator

$3,026
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,991
Monthly Property Taxes
$36
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
685381 Elementary School
685586 Middle School
Cabool High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2024$450,000 Listed Price

Map


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420 Bus 60, Cabool, MO, 65689 is a Multi-Family Home for sale at $450,000 with 3,149 sqft and a lot size of 0.22. 420 Bus 60 is a studio with 0.0 baths and was built in 1933. The property's zip code is 65689 which is in Cabool, MO