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|
|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|
|Financial:||*Currently tax-exempt, tax amount will be subject to new assessment|
|Interior:||Clean, updated interiors in all units|
|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|