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.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.