Description
Rare investment opportunity: a package of three side-by-side properties on 3rd Street in Maryville, MO. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces. 319 W 3rd: Three 1-bedroom apartments and one 2-bedroom apartment 315 W 3rd: Two 2-bedroom apartments and one unfinished, framed 2-bedroom apartment ready for remodel. 311 W 3rd: Two 2-bedroom apartments, one 1-bedroom apartment, and two studio apartments. The properties generate a gross annual rental income of $100,380, with all available units rented until May 2025 and several leases already renewed for the following year. Unit #12 is unoccupied and ready to be remodeled and rented for additional income. Amenities include a heated/cooled maintenance shop with a garage overhead door behind the properties and an on-site laundry facility located in one property's basement. This all-in-one investment package, complete with maintenance and laundry facilities and the potential for growth, is an excellent addition to any portfolio.
-
0BEDS
-
0.6ACRES
-
0BATHS
-
01/2 BATHS
Description
Rare investment opportunity: a package of three side-by-side properties on 3rd Street in Maryville, MO. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces. 319 W 3rd: Three 1-bedroom apartments and one 2-bedroom apartment 315 W 3rd: Two 2-bedroom apartments and one unfinished, framed 2-bedroom apartment ready for remodel. 311 W 3rd: Two 2-bedroom apartments, one 1-bedroom apartment, and two studio apartments. The properties generate a gross annual rental income of $100,380, with all available units rented until May 2025 and several leases already renewed for the following year. Unit #12 is unoccupied and ready to be remodeled and rented for additional income. Amenities include a heated/cooled maintenance shop with a garage overhead door behind the properties and an on-site laundry facility located in one property's basement. This all-in-one investment package, complete with maintenance and laundry facilities and the potential for growth, is an excellent addition to any portfolio.
Heartland MLS Terms of Use
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2025-01-24T16:45:13.587.
Based on information submitted to the MLS GRID as of 2025-01-24T16:45:13.587 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.