1018 Kingshighway

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1018 Kingshighway, Rolla, MO, 65401 | For Sale

Listing Price:   $699,000
Type:   Multi-Family 2-4
MLS#:   19071858
Taxes Paid:   $5,646
Tax Year:   2018
Age:   59
Type of Units:   2-Family
Gross Income:   $38,640
Total Expenses:   $7,146
Net Income:   $31,494
Acres:   1.290
Subdv/Cmplx:   Kingshighway
Remarks: This property is located on Kingshighway next to Burger King, close to I-44. The back of the property is connected to MST golf course. This sale includes: 1. One commercial concrete-block building with many parking lots in front/back. It currently is leased for $700 /month. It has an extra vacant office space for rent now. New HVAC was installed in 2016. Building area is 5,395 s/f. 2. Four pieces of billboards for $1120/month are leased. 3. Extra land on the property. 4.1018 A is a 3 bed/2 bath fully furnished residential rental property for $870/month. Living area is 1,200 s/f. 5. 1018 B is a 2bed/1 bath fully furnished rental residential property for $530/month. Living area is 879 s/f. The two houses were renovated inside-out with new roofs, kitchen appliances, washer/dryer, carpet/vinyl floors, paints and refinished wood floor in 2016. The sale includes furniture in the houses. Residential properties could be converted into commercial use. The land of the property is 1.29 ac.

Directions: From Bishop Ave turn to Kingshighway, before Burger King. See MAP

Parking Desc: Additional Parking

Lot Dimensions: 1.29

Fixed Expenses: Taxes

Subdv/Cmplx: Kingshighway

Education:

For More Informaton:

John Williams | MORE, REALTORS
314-414-6000

This listing courtesy of Acar Real Estate, Inc. Listings displaying the MARIS logo are coutesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
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