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$399,000
Est. payment /mo
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26023559
Year Built 1883
Annual Tax Amount $1,173
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Renovated and income-producing, this well-maintained property in Hermann offers a fantastic investment opportunity. Featuring two long-term rental units, this property is already generating steady income with both units occupied under one-year leases. The lower unit has been beautifully updated and offers 4 spacious bedrooms and 3 full bathrooms, combining modern finishes with comfortable living space. The upper unit features 3 bedrooms and 2 bathrooms, providing a bright and inviting layout that tenants love. Situated in a desirable residential area, the property is conveniently located near local parks and schools, making it attractive for long-term renters. Enjoy the benefits of a walkable neighborhood in one of Missouri's most popular and charming towns. Whether you're expanding your portfolio or looking for a turnkey investment, this property offers immediate income and strong rental appeal in a sought-after location.
Location
State MO
County Gasconade
Area 420 - Hermann R-1G
Interior
Heating Electric, Forced Air, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Laminate, Luxury Vinyl
Fireplace N
Appliance Dishwasher, Free-Standing Electric Oven, Free-Standing Gas Oven, Gas Oven, Range, Refrigerator
Laundry Inside, Multiple Locations, In Unit
Exterior
Fence None
View Y/N No
Building
Water Public
Structure Type Frame,Vinyl Siding
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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Listed by Dana Poe • Trophy Properties & Auction
NEARBY SCHOOL & BUSINESS
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