Multi-Family for Sale: 641 N Main Street #641-663, Poplar Bluff, MO 63901

$749,900
$749,900
641 N Main Street #641-663, Poplar Bluff, MO 63901
$749,900
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Price:
$749,900
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Type Multi-Family
Square Footage 8,804 sqft
Lot Size 0.92 acres
Year Built 1971
Taxes Paid $2,800
City Poplar Bluff
County Butler
School District Poplar Bluff R-I
Subdivision Dunfords Add
MLS 24006570
Status Active
DOM 90 days
AMAZING INVESTMENT OPPORTUNITY! 12 UNIT APARTMENT COMPLEX, turnkey opportunity for investors. These units have been updated and are experiencing incredible demand from the rental market. This is at full occupancy and available units fill quickly. Off street parking. The rents are under market value which provides the next owner with a valuable opportunity. The property consists of 12 - 2bd/1.5bth townhouses. The building just underwent a major rehab in 2022 with over 100k in renovations. Units rent at $695/mth, tenant pays electric, water, sewer. Owner provides trash, street lights and lawn care. This will be a great addition to your portfolio at 12% cap rate or $62,491/unit. CASH COW!!

Lot & Building Features

Construction Brick
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot, Space/Unit - 2+, Space/Unit - 1
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions Irregular

Community and Schools

Elementary School Lake Road Elem.
Junior High School Poplar Bluff Jr. High
Senior High School Poplar Bluff High

Price History of 641 N Main Street, Poplar Bluff, MO

Date Name Price Difference
02/06/2024 Listing Price $749,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of David Bramman
Direct: 314-306-0035
Office
107 W Lockwood Ave
Webster Groves, MO 63119
962-1100
Listed by Borrowed Time Real Estate, Gina Ginocchio
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641 N Main Street (MLS #24006570) is a multi-family listing located in Poplar Bluff, MO. This multi-family listing is on a lot of 40,075 sqft (or 0.92 acres) and is 53 years old. This property was listed on 02/06/2024 and has been priced for sale at $749,900.

Nearby zip codes are 63902, 63932 and 63967. This property neighbors other cities such as Broseley and Williamsville.

Maris

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Listing information courtesy of: Borrowed Time Real Estate

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