Prime investment opportunity and ideal development location! This 3.6-acre property features a tri-plex with three 1-bed, 1-bath units, each with a market rent of $350/month, located directly next to the future VA clinic and just outside city limits. The spacious lot offers tremendous potential for expansionbuild additional multifamily units or establish your business here, with rental income helping to offset your mortgage. Take advantage of this strategic location with strong potential for growth and development!
Mls | 24071154 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1960 |
Days On Site | 26 |
Listing Provided By | Investment Realty, Inc. | Michael Woessner |
Acreage | 3.62 |
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State | MO |
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County | Phelps |
City | Rolla |
Zip Code | 65401 |
Area | Rolla |
School District | Rolla Sr. High |
Elementary School | Col. John B. Wyman Elem. |
Middle School | Rolla Jr. High |
High School | Rolla Sr. High |
Listing VS Median (in 65401) | |
Price: $225,000 low | high Med: $289,950 On Site: 26 low | high Med: 121.500000 |