315 West 3rd

Maryville, MO 64468

$1,020,000
Price
Beds
6,450 Sq. Ft.
$158 / Sq. Ft.
6,450
Sq. Ft.
$158
per Sq. Ft.

Description

Rare investment opportunity: a package of three side-by-side properties on 3rd Street in Maryville, MO. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces • 319 W 3rd: Three 1-bedroom apartments...Rare investment opportunity: a package of three side-by-side properties on 3rd Street in Maryville, MO. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces. Just a short walk from campus and downtown businesses, these properties offer a total of 12 rental units with plenty of parking options, including paved, gravel, and on-street spaces • 319 W 3rd: Three 1-bedroom apartments and one 2-bedroom apartment
• 315 W 3rd: Two 2-bedroom apartments and one unfinished, framed 2-bedroom apartment ready for remodel. • 319 W 3rd: Three 1-bedroom apartments and one 2-bedroom apartment
• 315 W 3rd: Two 2-bedroom apartments and one unfinished, framed 2-bedroom apartment ready for remodel • 311 W 3rd: Two 2-bedroom apartments, one 1-bedroom apartment, and two studio apartments. The properties generate a gross annual rental income of $100,380, with all available units rented until May 2025 and several leases already renewed for the following year. Unit #12 is unoccupied and ready to be remodeled and rented for additional income. Amenities include a heated/cooled maintenance shop with a garage overhead door behind the properties and an on-site laundry facility located in one property’s basement. This all-in-one investment package, complete with maintenance and laundry facilities and the potential for growth, is an excellent addition to any portfolio.
  1. Listed by Tyler Garrett • Fathom Realty MO LLC • 816-226-7509

Property Details for 315 West 3rd

Zoning
R4
LISTING UPDATED: 11/22/2024 05:51 PM

Property Details for 315 West 3rd

StatusActive
MLS #2520898
Days on Market1
Taxes$4,756 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential Income / Package of Properties
Year Built1890
Lot Size0.60 AC / 26,136 SF
CountyNodaway County

Building Information for 315 West 3rd

Stories3Residences12Year Built1890Lot Size0.60 AC / 26,136 SF

Property Information for 315 West 3rd

Summary
Location and General Information
  • City: Maryville
  • County Or Parish: Nodaway
  • Directions: N Main to W 3rd, W on W 3rd to Mulberry St, NE Corner of Mulberry St & 3rd St.
  • Inside City Limits: Yes
  • Latitude: 40.34819356
  • Longitude: -94.87595515
  • MLS Area Major: 999 - Other Missouri Area
  • Zip Code: 64468
  • State Or Province: MO
  • Subdivision: Other
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $4,756.00
  • Parcel Number: 22-04-18-04-31-04000
  • Tax Annual Amount: $4,756.00
School Information
  • High School District: Maryville
Parking
  • Garage: Yes
  • Parking Features: Assigned, Garage, Off Street, On Street, Paved
  • Parking Total: 15.0
Owner
  • Owner Name: Series II, Baker-Garrett Investments, LLC
Property
Lot Information
  • Accessibility Features: Smart Technology
  • Building Area Total: 6450.0
  • Lot Size Area: 26,136.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 26,136.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick & Frame, Concrete, Vinyl Siding
  • Documents Available: Financial Details, Lease Agreements
  • Documents Count: 3
  • Age Description: 101 Years/More
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: SOUTH 122 FEET OF LOT 5 & 6 IN BLK 6 OF BURNS' FIRST ADDITION TO MARYVILLE NODAWAY CO MO & LOT 7 IN BLOCK 6 OF BURNS' FIRST ADDITION TO MARYVILLE NOD CO MO EXCEPT 4 FEET OFF NORTH SIDE THEREOF
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 41
  • Year Built: 1890
Utilities
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air, Ind Water Heaters, Master Meters, Multi-Unit Heat/Air, Separate Meters
  • Electric: Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Laundry Features: In Basement
  • Patio And Porch Features: Deck, Covered Deck, Porch
  • Possession: Negotiable
  • Road Responsibility: Public Maintenance
  • Road Surface Type: Paved
  • Roof: Composition, Synthetic
Interior Features
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Hood, Refrigerator, Built-In Electric Oven, Stainless Steel Appliance(s), Washer
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom, Efficiency
  • Cooling: Electric, Window Unit(s)
  • Central Air YN: Yes
  • Heating: Electric, Natural Gas, Radiant
  • Telecommunications: Cable - Available, Fiber - Available, High Speed Internet - Available
  • Interior Features: Central Storage, Common Entry, Private Entry
  • Stories Total: 3
  • Window Features: Storm Window(s)
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Income & Expenses
  • Gross Income: $100,380.00
  • Maintenance Provided YN: No
  • Operating Expense: $27,327.00
  • Operating Expense Includes: Other, Personal Prop Tax, Insurance, Real Estate Tax, Water/Sewer
Unit 1
  • Unit Type: Unit Equipment: Hot Water Heater,Range/Oven,Refrigerator,Storm Doors,Storm Windows
  • Unit Type: Unit Rent Includes: Gas,Lawn Maintenance,Other,Parking,Refuse Collection,Sewer,Snow Removal,Water
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 5
Unit 2
  • Unit Type: Unit Equipment: Hot Water Heater,Range/Oven,Refrigerator,Storm Doors,Storm Windows
  • Unit Type: Unit Rent Includes: Gas,Lawn Maintenance,Other,Parking,Refuse Collection,Sewer,Snow Removal,Water
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 5
Unit 3
  • Unit Type: Unit Equipment: Hot Water Heater,Range/Oven,Refrigerator,Storm Doors,Storm Windows
  • Unit Type: Unit Rent Includes: Gas,Lawn Maintenance,Other,Parking,Refuse Collection,Sewer,Snow Removal,Water
  • Unit Type: Baths Total: 1
  • Unit Type: Type: Studio
  • Unit Type: Units Total: 2
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Nodaway County Abstract
  • Existing Lease Terms: One Year Lease
  • Security Features: Security System, Smoke Detector(s)

Property History for 315 West 3rd

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 315 West 3rd

Taxable ValueLand$3,590Additions$33,410Total$37,000
Tax Record2024$2,583 ($215 / month)
Home Facts
Beds0Total Finished SqFt1,404 SqFtAbove Grade Finished SqFt1,404 SqFtStories3Lot Size17,424 SqFtStyleSingle Family ResidenceYear Built1890CountyNODAWAYAPN22-04-18-04-31-04000

Schools near 315 West 3rd

This home is within Maryville R-Ii School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 1 to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Nw Mo Specl. Ed. Coop.
PublicK to 12

Eugene Field Elementary School
Public1 to 4

Maryville Middle School
Public5 to 8

Maryville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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315 West 3rd is for sale in Maryville, MO 64468. This property was listed for sale on November 21, 2024 by Fathom Realty MO LLC, it's currently listed at $1,020,000. This listing's school district is Maryville R-Ii School District. Nearby schools include Nw Mo Specl. Ed. Coop., Eugene Field Elementary School and Maryville Middle School. 315 West 3rd is a 0-bed, 0-bath, 6,450 sqft built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fathom Realty MO LLC

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.