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Key Details
Sold Price $268,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $87
Subdivision Ironton
MLS Listing ID 20040907
Sold Date 09/10/20
Construction Status 50
Year Built 1970
Building Age 50
Lot Size 0.270 Acres
Acres 0.2702
Lot Dimensions 111X145
Property Description
A revenue generator … two apartment buildings of four units each. Located in a nice neighborhood in Ironton, Mo., just off State Route 21 and on the edge of historic downtown. These units generate $33,600 per year for the owner at the current rental rate of $350 per month for a one bedroom/one bath unit with dine in kitchen. Apartments are clean, updated and in good condition. They are within sight of State Route 21. There is a Dollar General next door which is convenient for tenants. The historic county courthouse square with shopping/dining/banking opportunities is only a block away. The nearest neighbor is a spacious, well-kept Victorian-style historic home. Current owner is adamant about background checks on tenants, resulting in the nice condition of the units and green space.
Location
State MO
County Iron
Area Arcadia Valley
Interior
Heating Forced Air
Cooling Gas
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 50
Schools
Elementary Schools Arcadia Valley Elem.
Middle Schools Arcadia Valley Middle
High Schools Arcadia Valley High
School District Arcadia Valley R-Ii
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Douglas Smith