1 Acres in Versailles, MO - $395,000
Here is a turn key investment property that is actually making money. Two 4 plex apartment buildings that are currently being rented for $450 each unit. Plus a 3 bed room 1&1/2 bath, single family home being rented for $525. That's $49,500 annually. Minus $5000 for vacancy, $696 for trash pick up, $2892 insurance, $2183 taxes and $5000 for maintenance, renters pay all utilities. That's $33,729 net income, which is 8.5% of the asking price of $395,000. All units have recently been renovated. Large roomy lot close to downtown Versailles, a great small town where Rentals are scarce! Call Dick Palenik 573-789-6113
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Research Parcel InformationVersailles, MO