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
Last Updated: June - 01 - 2022
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