366 Main Street

Gerald, MO 63037

$375,000
Price
Beds
7,299 Sq. Ft.
$51 / Sq. Ft.
7,299
Sq. Ft.
$51
per Sq. Ft.

Description

Investor opportunity at a cash flowing 6 unit apartment complex. Located in the heart of town and all units having been completely rehabbed this is truly a turn key opportunity. With long term tenants in place this truly offers the opportunity to start cash flowing for its new owners immediately. Not included in current rents are the available open office spaces which could provide an increase in the current income. This truly is the type of unit that all rental owners are seeking. Tenants are not...Investor opportunity at a cash flowing 6 unit apartment complex. Located in the heart of town and all units having been completely rehabbed this is truly a turn key opportunity. With long term tenants in place this truly offers the opportunity to start cash flowing for its new owners immediately. Not included in current rents are the available open office spaces which could provide an increase in the current income. This truly is the type of unit that all rental owners are seeking. Tenants are not to be disturbed. Don't delay on this opportunity because these don't come around every day!
  1. Listed by Heather Bastunas • HD Real Estate LLC

Amenities

  • Forced Air
  • Parking Included
  • Parking Lot
  • Unassigned Parking
  • Washer / Dryer in Unit
  • Window AC Installed
LISTING UPDATED: 09/11/2024 09:37 PM

Property Details for 366 Main Street

StatusActive
MLS #24058172
Days on Market70
Taxes$1,772 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1900
Lot Size0.16 AC / 6,970 SF
CountyFranklin County

Building Information for 366 Main Street

Stories-Residences7Year Built1900Building Size-Lot Size0.16 AC / 6,970 SF

Property Information for 366 Main Street

Summary
Location and General Information
  • City: Gerald
  • County Or Parish: Franklin
  • Latitude: 38.401696
  • Longitude: -91.331418
  • Location: City,Corner Location
  • Postal Code: 63037
  • State Or Province: MO
  • Sub division Name: O T of Gerald
Taxes and HOA Information
  • List AOR: Franklin County Board of REALTOR
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Prop Asses City Tax: 1
  • Parcel Number: 25-1-110-1-001-079000
  • Tax Annual Amount: $1,772.00
  • Tax Legal Description: LOT & PAR ADJO T OF GERALD
  • Tax Year: 2023
Owner
  • Township: Gerald
  • Owner Name: Revival Realty Group LLC
Parking
  • Attached Garage: No
  • Parking Features: Accessible Parking, Parking Lot, Unassigned, Unpaved
School Information
  • Elementary School: Gerald Elem.
  • High School: Owensville High
  • High School District: Gasconade Co. R-II
  • Middle Or Junior School: Owensville Middle
Property
Lot Information
  • Lot Size Acres: 0.16
  • Lot Size Dimensions: 49 x 141 x 51 x 141
  • Lot Size Source: Owner
  • Lot Size Square Feet: 6970.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 7299.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 2
  • Photos Count: 3
  • Videos Count: 0
  • Year Built: 1900
  • Disclosures: Unknown,City,Code Compliance Reqd,Flood Plain No
  • Age: 124
  • Construction Materials: Other
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Some Balc/Some Terrc
Interior Features
  • Heat Source: Electric
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Heating YN: Yes
  • Laundry Features: Prvt Laund some unit
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
  • TYPE: Apt Bldg/Exterior En
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Includes: Dishwasher,Eat-In Kitchen,Laundry/Utility,Refrigerator,Range/Oven
  • Two Bed Unit Units: 3
  • Three Bed Unit Baths: 2 or More Per Unit
  • Three Bed Unit Includes: Kitchen W/Brkfst,Dishwasher,Laundry/Utility,Living/Great Room,Refrigerator,Range/Oven
  • Three Bed Unit Rent: 850
  • Three Bed Unit Units: 1
Income & Expenses
  • Net Operating Income: $29,000.00
  • Total Expenses: 11500.00
Rental
Rent Information
  • Lease Term: Leases, Month To Month
  • Efficiency Rent: 700
  • Tenant Pays: All Utilities
  • Efficiency Baths: 1 Full
  • Efficiency Units: 2

Property History for 366 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 366 Main Street

Taxable ValueLand-Additions-Total-
Tax Record2024$1,967 ($164 / month)
Home Facts
Total Finished SqFt5,155 SqFtAbove Grade Finished SqFt5,155 SqFtLot Size8,712 SqFtStyleMiscellaneousYear Built1900CountyFRANKLINAPN25-1-11.0-1-001-079.000

Schools near 366 Main Street

This home is within Gasconade County R-Ii School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Gerald Elementary School
PublicPK to 5

Owensville Middle School
Public6 to 8

Owensville High School
Public9 to 12

Owensville Elementary School
PublicPK to 5

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.

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366 Main Street is a multi-family home for sale in Gerald, MO 63037. This property was listed for sale on September 12, 2024 by HD Real Estate LLC, it's currently listed at $375,000. It has been on the market for a total of 70 days and was last sold on June 28, 2005. This listing's school district is Gasconade County R-Ii School District. Nearby schools include Gerald Elementary School, Owensville Middle School and Owensville High School. 366 Main Street is a 0-bed, 0-bath, 7,299 sqft multi-family home built in 1900.

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 HD Real Estate LLC

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association 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 MARIS, Bagnell Dam Association 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.