420 Bus 60 Cabool, MO ^$ 450,000

420 Bus 60

^$ 450,000

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420 Bus 60

Cabool, MO, 65689

^$ 450,000

Studio Baths12.0 Sq 3,149

Monthly Estimate*

^$ 2,991

Studio

Commercial Property for sale in Cabool, MO

for $450,000 with 12 full baths. This 3,149 square foot building 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!

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 426

Style

Lot Size

0.22

Year Built

1933

Town/City

Cabool

County/Region

Texas

MLS | Web ID

60268774

Features

General

Heating Wall Furnace

Cooling Wall Unit(s)

Roof Metal

Parking 11-15 Spaces Gravel

Utilities Available Electric Master Meter Public Sewer Public Water

Zoning B2

Status Active

Full Baths 12.00

Year Built 1933

Subdivision N/A

Miscellaneous Inside Storage Security System Water Heater-Electric

Township 02

Construction Status Existing

Type Other

Business Type Apartments

Property Type E

Number of Units 12

Transaction Type Sale

Tax Year 2023

Inside City Limits Yes

Interior

Range 00

Exterior

Land Status Land Included

Lake/River None

* Excluded Features

List By

Colby S Williams

Listing Agent

cw.417realestate@gmail.com

Affordability Calculator

$3,026

Per Month

Monthly Principal & Interest: $2,991
Monthly Property Taxes: $36
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Cabool, MO

Average List Price ^$261,850

Percent of Sale Price 42%

About Cabool, MO

2,260 Population

6% Since 2002

^$24,756 Median Income

38.94 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

685504 Elementary School

685609 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2024	$450,000		Listed Price

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420 Bus 60, Cabool, MO, 65689 is a Commercial Property for sale at $450,000 with 3,149 sqft and a lot size of 0.22. 420 Bus 60 is a studio with 12.0 baths and was built in 1933. The property's zip code is 65689 which is in Cabool, MO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than [Weichert Realtors] are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2018 Southern Missouri Regional MLS, LLC All rights reserved.

Data Updated - 5/20/2024

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420 Bus 60

Commercial Property for sale in Cabool, MO

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