ATTENTION INVESTORS! 2 duplexes (4 units) listed for the first time in the heart of Osage Beach w/not only excellent rental history, but also additional acreage (9+ acres) to build many more units if desired. Seller purchased one building in 2007 (those units are 3 bed/2.5 bath w/1 car garage) & built the other one in 2014 (those are the 4 bed/2.5 bath w/no garage). Some of the tenants have been there for many years,& thus have lower rents than what would be expected in today's rental market. Seller is aware that the monthy rates are not at current market value, but a new owner could easily increase the rent on each unit to $1500+ per month. Units are fully rented/no vacancies, so potential buyers will have to make appointments at least 24 hours in advance to view a unit in each building. Buildings/units are in need of a bit of maintenance but because of full occupancy, the Seller has been unable to do that, so he is willing to provide a $50,000 credit at closing to cover those issues.
Listed by RE/MAX Lake of the Ozarks, JEFFREY KRANTZ & SUSAN EBLING P.C.
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Listing information courtesy of: RE/MAX Lake of the Ozarks