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201 E. 1st Milan, MO 63556

201 E. 1st Milan MO 63556  |  Sullivan County, MO
  • $110,000

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Listing Status: Sold
Listing Type: Sale
Property Type(s):
MLS ID: MM23002A
Irrigated: No
Residence: Yes
Property ID: 7035606

Property Description

These four apartments would make a great investment property with return on investment up to 15%. One apartment is currently rented, the other three are available and ready to be rented. The owner has cleaned, painted and put down new carpet in the apartments.The apartments are individually metered and tenants are responsible for their own utilities. Current rent is $350/unit/month. Each unit has a range/stove, refrigerator, electric baseboard heat, window unit, wall unit, electric water heater and off street parking. Concrete block building is low maintenance and very efficient. Milan has a very robust rental demand.

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