$1,190,000

1811 Vichy Rd

Rolla MO, 65401

Description

The Jordans Pass apartment complex is located within walking distance of the MS&T campus and consists of 6 buildings with a total of 24 units. The buildings occupy approximately 1.6 m/l acres of this 5 m/l acre lot which allows room for future development. This property consists of 1 and 2 bedroom apartments with various floor plans along with a small cottage and a 4 bedroom house. The 1 bedrooms rent for $350-$450, the 2 bedrooms from $450-$575 and the 4 bedroom rents for $825 per month. They all come with a stove and refrigerator, some have dishwashers and the tenants have 24 hour access to the coin-operated washer and dryers in the lower level of the first building. This is a great investment property that can provide you with a potential monthly gross income of over $12,000 per month.

Details

MLS#19023534
Sub-TypeResale
StatusActive
Year1940
Days On Site165

Features

Building(s)1

Market Activity 65401

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Area Information

StateMO
CountyPhelps
CityRolla
Zip Code65401
AreaRolla
Listing VS Median (in 65401)
Price:
$1,190,000
low | high
Med:
$159,900
100% of Average
On Site:
165
low | high
Med:
323
51.083591331269% of Average
Listing Updated: 09/16/2019
MLS Number: 19023534
Listing Provided By:
Michael Woessner  of  Investment Realty Inc