Fourplex, 2 Story

duplex for sale

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Listed: 02/13/23

598 South Missouri Avenue, Sedalia, MO 65301, USA

Studio Bed:

1 Bath:

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Price

$ 199,900

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About This Duplex

Owner financing possible ! Check out this four-plex with a monthly gross income of 2, 860 and an annual cap rate of 13.9 percent ! Have you heard about the shortage of rental properties in Sedalia? This is a fantastic opportunity to take advantage of this rental market as a new venture, or add to your existing portfolio with this profitable gem. This building has been completely remodeled in the last 18 months. The apartments are spacious, attractive and have been very quick to rent. It currently has 100 percent occupancy and 12-month leases. There are 3 one- bedroom units and 1 studio apartment. Each unit has separate gas and electric panels. A refrigerator, range and window air conditioning unit … Full description

Property Includes

Parking
Air Conditioning
Oven
Refrigerator
Roof Composition Shingle
Fuel Heating Natural Gas

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Sedalia Housing & Living

Household Income

Median household income: $35,096

Number of households: 8,710

The average household income in Sedalia, MO grew from $34,659 to $35,096 in the past year. This data is an estimate based upon 8,710 households in Sedalia, MO.
The chart below presents how household income is distributed in Sedalia, MO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Sedalia, MO compared to median property taxes around the country. The prevalent amount of property taxes in Sedalia, MO equals <$800 , which is more than the national average.