101 Spruce Street

Grandin, MO 63943

$485,000
Price
Beds
8,163 Sq. Ft.
$59 / Sq. Ft.
8,163
Sq. Ft.
$59
per Sq. Ft.

Description

Investors, don't pass this up! This is a prime opportunity to grow your portfolio and increase your monthly cash flow. 13 unit, HUD approved, single level multi-building apartment complex located in Grandin, MO grossing $7,300 per month. This property features concrete parking, coin operated washer & dryer on site for the convenience of your tenants. All apartments are updated with vinyl flooring and are handicap accessible. Each apartment offers 1 bedroom, 1 bathroom. Owner currently pays all utilities:...Investors, don't pass this up! This is a prime opportunity to grow your portfolio and increase your monthly cash flow. 13 unit, HUD approved, single level multi-building apartment complex located in Grandin, MO grossing $7,300 per month. This property features concrete parking, coin operated washer & dryer on site for the convenience of your tenants. All apartments are updated with vinyl flooring and are handicap accessible. Each apartment offers 1 bedroom, 1 bathroom. Owner currently pays all utilities: trash, lawn, water, sewer, electric. Utilities are typically between $1500-$2000 per month. Windstream or Sparklight internet is offered in the area. All units are currently rented with vacancies rare and easy to fill. Please schedule an appointment to view the property to avoid disturbing tenants.
  1. Listed by McKenzie Taylor • Poplar Bluff Realty Inc
  2. Listed by Mallory Parr • Poplar Bluff Realty Inc

Amenities

  • Baseboard Heating
  • Dryer
  • Laundry in Building
  • Parking Included
  • Washer
  • Washer / Dryer
  • Window AC Installed

Location

Listing Courtesy of Poplar Bluff Realty Inc
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LISTING UPDATED: 02/08/2024 01:02 PM

Property Details for 101 Spruce Street

StatusActive
MLS #24007708
Days on Market113
Taxes$2,466 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1984
Lot Size0.00 AC / 0 SF
CountyCarter County

Location

Listing Courtesy of Poplar Bluff Realty Inc
Add your commute

Building Information for 101 Spruce Street

Stories-Residences13Year Built1984Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$2,852 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$206

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 Spruce Street

Summary
Location and General Information
  • City: Grandin
  • County Or Parish: Carter
  • Directions: From 21S turn right onto 5th St past Lil' Black River Cafe and follow st to property on the corner of 5th and Poplar.
  • Location: Corner Location
  • Postal Code: 63943
  • State Or Province: MO
  • Sub division Name: None
Taxes and HOA Information
  • List AOR: Three Rivers Board of Realtors
  • Prop Asses City Tax: 1
  • Parcel Number: 18201000400400101
  • Tax Annual Amount: $2,466.00
  • Tax Year: 2023
Owner
  • Township: Grandin
  • Owner Name: Taylor Four Investments
Parking
  • Attached Garage: No
  • Parking Features: Space/Unit - 1, Accessible Parking
School Information
  • Elementary School: East Carter Co. R-II Elem.
  • High School: East Carter Co. R-II High
  • High School District: East Carter Co. R-II
  • Middle Or Junior School: East Carter Co. R-II Middle
Property
Lot Information
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 400x162
  • Lot Size Source: County Records
  • Lot Size Square Feet: 0.0
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 8163.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 0
  • Photos Count: 12
  • Videos Count: 0
  • Year Built: 1984
  • Disclosures: Unknown,City,Flood Plain No,Sellers Discl Not Av
  • Age: 40
  • Construction Materials: Brick Veneer
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Electric
  • Cable Available: 1
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Heating YN: Yes
  • Laundry Features: Coin Operated, Common Laundry
Multi Family
Multi-Family Information
  • Number Of Units Total: 13
  • TYPE: Apartment Complex
Income & Expenses
  • Net Operating Income: $5,300.00
  • Total Expenses: 2000.00
Rental
Rent Information
  • Lease Term: Leases
  • Sub Lease: 0
  • Tenant Pays: No Utilities

Property History for 101 Spruce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 101 Spruce Street

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

East Carter Co. R-Ii Middle School
Public6 to 8

East Carter Co. R-Ii 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.

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101 Spruce Street is a multi-family home for sale in Grandin, MO 63943. This property was listed for sale on February 8, 2024 by Poplar Bluff Realty Inc, it's currently listed at $485,000. This listing's school district is East Carter County R-Ii School District. Nearby schools include East Carter Co. R-Ii Elementary School, East Carter Co. R-Ii Middle School and East Carter Co. R-Ii High School. 101 Spruce Street is a 0-bed, 0-bath, 8,163 sqft multi-family home built in 1984.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Poplar Bluff Realty Inc

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.