House for sale

Overview

Just one block from the University of Central Missouri campus and directly across the street from the university's ball diamond and soccer field, this property boasts an unbeatable location. The seller reports a consistently high occupancy rate, making it a reliable income source. All units are conveniently located on the ground level and feature their own washer and dryer. Two of the units have 1 bedrooms and 1 bathroom, one unit is 2 bedroom and 1 bathroom, making it ideal for students and faculty. With newer HVAC systems, water heaters, and roof, this property is well-maintained. Currently, the units are leased as follows: Unit A: $525/month, lease up 6/30/25 Unit B: $625/month, lease up 2/28/25 Unit C: $700/month, lease up 2/28/25 The rents are super low with significant potential for increases. Each unit could rent for between $850-$1000 with new tenants and some cosmetic work. All units are on year-long leases and the property's prime location makes it highly walkable to the university. Don't miss out on this excellent investment opportunity!