Newark, MO

  • $ $75,000
  • Location: ,
  • Beds: 8 - 1-bd, 1-ba apartments
  • Baths: 8 - 1-bd, 1-ba apartments
  • Sq Ft: 2592 sq ft & 2976 sq ft
  • Lot Sq Ft: 65,670
  • Acres: 1.5

What an opportunity here – this is a turnkey investment opportunity if you are looking for a solid multi-unit business.  Property includes two brick buildings (54×48 and 62×48) each holding four 1-bed, 1-bath apartment units, for eight total units, as well as a shared laundry room.  Two washers & two dryers will convey.  Each apartment unit has been renovated, and sells with all appliances.  Layouts are all similar – there is a sunny living room which walks back to a very clean dining/kitchen area, and all kitchen appliances (refrigerators, stoves, microwaves) will convey.  There is a full bedroom, spacious bath and utility room in each unit.  Electric baseboard heaters and window unit a/c make these easy to maintain, with only an electric & water bill.  Utility providers are REC Electric & Knox County Water.  The buildings sit on a spacious 1.5 acre lot, with room for more buildings, a playground, etc.  Units are currently empty, and are clean and completely move-in ready.

Conveniently located just west of Ewing, MO on State Hwy 156 in the quiet town of Newark, MO, this is a nice area and a short drive to either Sever Lake or Deer Ridge Wildlife Area.

Don’t miss a nice investment opportunity here – call/text listing agent Jennifer Wood today at (217) 257-8812.

Address:208 W Holmes St
Zip Code:63458
Year Built:1979
Square Feet:2592 sq ft & 2976 sq ft
Lot Square Feet:65,670
Bedrooms:8 - 1-bd, 1-ba apartments
Bathrooms:8 - 1-bd, 1-ba apartments
Property Type:Residential/Multi-Unit/Commercial
Financial:*Currently tax-exempt, tax amount will be subject to new assessment
Condition:Move-in ready
Construction:1-story brick
Interior:Clean, updated interiors in all units
Flooring:Carpet, tile
Lot size:199x330
Location:Newark, MO
Scenery:Shaded lot, big yard
Recreation:Walking distance to city park, short drive to Sever Lake or Deer Ridge Wildlife Area
Inclusions:All appliances convey (including washers & dryers)
Parking:Gravel parking lots
Rooms:8 - 1-bd, 1-ba apartments
Laundry:Shared laundry room with 2-washers & 2-dryers
Utilities:Knox County Water, REC Electric

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