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Hannibal,MO 63401
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $88
Subdivision Richmond Add
MLS Listing ID 25063564
Style Cottage,Traditional
Year Built 1920
Annual Tax Amount $407
Lot Size 4,181 Sqft
Property Sub-Type 2-4 Units
Property Description
This rental unit has been a steady income for the owner but he is ready to completely retire. The property is a 3 unit home with each unit having 1 bedroom and 1 bath. There is a range, fridge and window unit for each apartment. A common area for laundry in the lower level. W/D convey.
Unit A $650 in rent. Unit B $500. Unit C $650. Owner pays utilities. Average electric: $335, gas $151, trash $26. Taxes are $407 per year. Insurance about $1200. Net income should be about $14,000 per year. Unit A has a 1 year lease. The others are month to month. Both long time tenants. Unit A has new range and fridge. Roof is less than a year old with all new sheeting. Wiring has been updated. One water heater and furnace for the property in the lower unit. Need 24 hour notice for showings so tenants are aware. Serious inquiries only please.
Location
State MO
County Marion
Area 533 - Hannibal
Interior
Heating Natural Gas
Cooling Window Unit(s)
Laundry Common Area,Lower Level
Exterior
Parking Features false
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected
View Y/N No
Building
Water Public
Structure Type Frame
Schools
Elementary Schools Mark Twain Elem.
Middle Schools Hannibal Middle
High Schools Hannibal Sr. High
School District Hannibal 60
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard