707 Gibbs Street 1b, Mt Vernon, MO 65712

$1,500,000
Property Type: MultiFamily Lot Size (sq. ft.): 30,056 Status: Closed
Current Price: $1,500,000 List Date: 3/22/2022 Last Modified: 6/01/2022

Description

Check out these beautifully built duplexes! 8 of them! The first phase of these townhouse style duplexes were built in 2004 and the other 8 units in 2014. 8 units are 1080 sq ft, with a downstairs kitchen and living space, 2 bedrooms, 1 1/2 bath and 2 car Carport! 8 more of the units are 1180 sq ft, with 3 Bedrooms AND a 520 sq ft walk out basement! All buildings have a new roof, and every unit is painted, repaired and like new each time it is prepped for a new tenant. Owner is the original builder/owner and has records of every time appliances were replaced, etc. Electric and Cable paid by tenant. Water, Sewer, Trash and Lawncare included in rent. There are 8 2BR units that rent for $600 and 8 3 BR units that rent for $750 per month.

More Information MLS# 60212882

Contract Information

Transaction Type: Sale Foreclosure/Short Sale: No Property Sub-Type: Duplex/Triplex/Fourplex Begin Date: 2022-03-21 List Price: $1,500,000 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more Total Monthly Rent: 18000 Waterfront/View: None # Attached Garage Spaces: 0 # Detached Garage Spaces: 0 # Detached Carport Spaces: 0 Lake/River: None Aprx Year Built: 2004 Number of Units: 1 Aprx Lot Size (Acres): 0.69 Lot Dimensions: Acres Garage/Carport: 1 Total Garage/Carport Stalls: 32 # Attached Carport Spaces: 32 Elementary School: Mt Vernon Middle School: Mt Vernon High School: Mt Vernon

Status Change Info

Price Disclosed: No Status: Closed Under Contract Date: 2022-03-27 Sold Date: 2022-05-31

How to Show

Call Listing Agent: 1

Views

City: 1

Unit Features

All Units: 1 Washer/Dryer Hookup: 1

Amenities

Playground: 1

Construction

Vinyl Siding: 1

Two Bed Units

Two Bed $: Over $450 Two Bed SqFt: Over 1,000 SqFt

Utilities

Electricity: 1 High Speed Internet Access: 1 Sewer: 1 Trash: 1 Water: 1

Cooling

Central: 1

Three Bedroom Units

Three Bed $: Over $400 Three Bed SqFt: 1,501 - 2,000 SqFt

Appliances

Dishwasher: 1 Disposal: 1 Refrigerator: 1

Baths

1 1/2 Per Unit: 1

Heating

Forced Air: 1

Parking

Two or More: 1

Roofing Material

Composition: 1

Possession

At Closing: 1

Will Sell

Cash: 1 Conventional: 1

Buildings

Four or More Buildings: 1

Streets

Asphalt: 1

Water

City Water: 1

Sewer

City Sewer: 1

Type of Tenancy

Monthly: 1

Yearly Net Oper Inc

Over $25,000: 1

Deposits

Deposit Required: 1

Location Tax and Other Information

Street #: 707 Street Name/Route: Gibbs Suffix: Street Unit #: 1b County: Lawrence State/Province: MO Zip Code: 65712 Subdivision: N/A Parcel ID: 087025000000027005 Real Estate Tax: 5453.5 Tax Year: 2020 Legal Description: BEG 1926.06'W OF SE COR OF SEC 25, THEN W200' N150' E200' S150' TO POB Zoning: Multi Family

Remarks Misc

Directions: Mt Vernon Boulevard to 39, go north. Go to Gibbs and turn left (West) to 707

Property Features

How to Show: Call Listing Agent Unit Features: All Units; Washer/Dryer Hookup Amenities: Playground Baths: 1 1/2 Per Unit Appliances: Dishwasher; Disposal; Refrigerator Cooling: Central Heating: Forced Air Buildings: Four or More Buildings Construction: Vinyl Siding Roofing Material: Composition Parking: Two or More Streets: Asphalt Water: City Water Sewer: City Sewer Utilities: Electricity; High Speed Internet Access; Sewer; Trash; Water Type of Tenancy: Monthly Yearly Net Oper Inc: Over $25,000 Possession: At Closing Will Sell: Cash; Conventional Deposits: Deposit Required
Listing Office: The Firm Real Estate, LLC
IDX
Last Updated: June - 01 - 2022
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 the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.

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