$49,995

44 Spruce

Viburnum MO, 65566

Description

Just $49,995 This investment property will pay for itself in just over five years with current monthly rental income of $800 per month. With a little updating and some cosmetic work this 100% rented duplex provides a great business opportunity. Located in the small town of Viburnum, Mo. where rental units are in high demand. Each rental unit features two bedrooms, a living area, a spacious eat in kitchen and one bathroom. Your tenants will enjoy a large porch area and each unit has its own carport for tenant protection and safety. In Viburnum rental units are in high demand and in short supply. The community has a quality school system and the local internet service is high speed provided through a fiber optic system provided by a local telecommunications company. All you need for small town living is just 3 blocks away in the Viburnum Center Shopping Center. You will find a grocery store, bank, insurance, medical clinic, drug store, Dollar General, Laundry Mat and more.

Details

MLS#20067036
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site47

Features

SQ Feet1,500
Units1
Building(s)1
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Area Information
StateMO
CountyIron
CityViburnum
Zip Code65566
AreaIron County C-4
Listing VS Median (in 65566)
Price:
$49,995
low | high
Med:
$49,995
50% of Average
SqFt:
1,500
low | high
Med:
1,500
50% of Average
$ / SqFt:
$33
low | high
Med:
$33
50% of Average
On Site:
47
low | high
Med:
47
100% of Average
Listing Updated: 10/29/2020
Lance Mayfield LogoMLS Number: 20067036
Listing Provided By:
Lance Mayfield  of  Platinum Realty of St. Louis