Rockaway Beach Real Estate
Rockaway Beach, MO 65740
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- 1940Year Built
- 0.46Acres
- MLS# 60293195
- Multifamily
- Other
- Active
- Approx Time on Market2 months, 13 days
- AreaN/A
- CountyTaney
- Subdivision Rockaway Beach
Overview
8-unit rental property in Rockaway Beach, Missouri. The property includes one 3-bedroom/2-bath house, one 3-bedroom/1-bath unit, four 2-bedroom/1-bath units, and two 1-bedroom/1-bath units. All units are currently rented with long-term leases in place, bringing in a total of $7,485 per month. Tons of updates/remodels have been made in recent years, and there is room for more improvements that could increase rental income and value. With a solid cap rate based on current income, the property also has potential for higher returns if converted to short-term rentals. Located near Lake Taneycomo, this is a strong investment opportunity with steady cash flow!
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
Roofing Material: Composition, Asphalt
Year Built: 1,940
Construction: Vinyl Siding, Wood Frame
Transaction Type: Sale
Financial
Type of Tenancy: Lease
Flood Insurance: Not Required
Garage / Parking
Parking: One Per Unit
Interior Features
Appliances: Oven/Range, Refrigerator, Microwave
Lot Info
Acres: 0.46
Lot Dimensions: 200X100
Marina Info
Misc
Inside City Limits: Yes
Other
Foreclosure: No
Property Info
View: No
Buildings: Four or More Buildings
Streets: Asphalt
Zoning: Motel/ Multi-fa
County: Taney
Property Type: B
Sale / Lease Info
Will Sell: Cash,1031 Exchange
Possession: At Closing
SqFt Info
Sqft Finshd Unfnshd: 4400 - 4599
Tax Info
Tax Year: 2,024
Unit Info
Num Three Bedroom Units: 1.00
Num One Bedroom Units: 2.00
Num Units: 8
Unit Features: Carpet, Living Room - Formal, Fenced Area
Num Two Bedroom Units: 5.00
Utilities / HVAC
Water: City Water
Heating: Base Board, Space Heater
Cooling: Window Unit(s)
Sewer: City Sewer
Utilities: City, Tenant Pays, Sewer, Electricity
Waterfront / Water
Lake River: Lake Taneycomo
Waterfront View: View
Courtesy of listing office Keller Williams