This multi-family property offers a fantastic investment opportunity for those seeking a versatile space with potential value-added options. Situated in a convenient location, this property features six apartments and two commercial spaces, providing various possibilities for rental income or business ventures. The building has a new roof as of 2023, ensuring durability and peace of mind for future owners. Included within this property is a fully operational laundromat, adding an additional revenue stream.The apartments were rented at$595.00per unit, showcasing the demand for housing in the area. The owner has intentionally not extended leases to allow for major renovations, presenting an exciting opportunity to customize the units according to your vision. While the upstairs apartments require significant renovations, many have already been taken down to the studs, offering a blank canvas for your creative touch.
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The average household income in
Park Hills, MO
grew
from
$33,333
to
$36,868
in the past year. This data is an estimate based upon
3,280
households in
Park Hills, MO. The chart below presents how household income is distributed in
Park Hills, 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
Park Hills, MO
compared to median property taxes around the country. The prevalent amount of property taxes in
Park Hills, MO
equals
<$800
, which is
more
than the national average.