301 North 3rd Street

Odessa, MO 64076

$650,000
Price
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Description

Multi-Unit income producing & investment opportunity. Recently remodeled & updated 3 of the units. This location is excellent! Two quadplex located on one lot. Solid cash flow with upside on rents & room to grow! Four 2-bedroom 1 bath and four 1 bedroom 1 bath with a common laundry in each building. 1980s construction with desirable unit mix and in-place 1+% rule on rental upside. All units are occupied and cash flowing rentals. Professional management company referral upon request. Odessa is a great...Multi-Unit income producing & investment opportunity. Recently remodeled & updated 3 of the units. This location is excellent! Two quadplex located on one lot. Solid cash flow with upside on rents & room to grow! Four 2-bedroom 1 bath and four 1 bedroom 1 bath with a common laundry in each building. 1980s construction with desirable unit mix and in-place 1+% rule on rental upside. All units are occupied and cash flowing rentals. Professional management company referral upon request. Odessa is a great investment opportunity & community. The location is right off I-70. Solid long-term investment for any investor(s) or family businesses.
  1. Listed by Jon Mooneyham • Keller Williams Southland • 816-325-0600
  2. Listed by James Mooneyham • Keller Williams Southland

Property Details for 301 North 3rd Street

Zoning
Multi

Location

Listing Courtesy of Keller Williams Southland
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LISTING UPDATED: 04/21/2024 07:41 PM

Property Details for 301 North 3rd Street

StatusActive Under Contract
MLS #2473155
Days on Market13
Taxes$2,215 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1985
Lot Size0.32 AC / 13,983 SF
CountyLafayette County

Location

Listing Courtesy of Keller Williams Southland
Add your commute

Building Information for 301 North 3rd Street

Stories2Residences8Year Built1985Building Size-Lot Size0.32 AC / 13,983 SF

Payment Calculator

$3,732 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$185

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 North 3rd Street

Summary
Location and General Information
  • City: Odessa
  • County Or Parish: Lafayette
  • Directions: I-70 to Odessa, 40 Hwy (S Outer Rd) to 2nd St, South to Otway, Right to 3rd, Right to home on the left side.
  • Latitude: 39.003099
  • Longitude: -93.955253
  • MLS Area Major: 210 - Lafayette County, Mo
  • Postal Code: 64076
  • State Or Province: MO
  • Subdivision Name: Other
Taxes and HOA Information
  • Association: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,215.00
  • Parcel Number: 0101-14-07-3603002-011000
  • Tax Annual Amount: $2,215.00
School Information
  • High School: Odessa
  • High School District: Odessa
  • Elementary School: Odessa
  • Middle School: Odessa
Parking
  • Garage: No
  • Parking Features: Off Street
Virtual Tour
Property
Lot Information
  • Lot Size Area: 13,983.00
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 13,983.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Lap Siding, Vinyl Siding
  • Documents Count: 3
  • Age Description: 31-40 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: Lots 11 & 12, Blk 3 Original Town of Odessa
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 44
  • Year Built: 1985
Utilities
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Master Meters, Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Possession: Negotiable
  • Roof: Composition
Interior Features
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 1 Bedroom,2 Bedroom
  • Cooling: Window Unit(s)
  • Central Air YN: No
  • Heating: Floor Furnace, Other
  • Telecommunications: Cable - Available, High Speed Internet - Available, Metro Paid
  • Interior Features: Apply To All Units
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Gross Income: $45,120.00
  • Operating Expense: $.00
  • Operating Expense Includes: Maintenance, Insurance, Property Mgmt, Real Estate Tax, Water/Sewer
Unit 1
  • Unit Type Unit Equipment: Dishwasher,Disposal,Range/Oven,Refrigerator
  • Unit Type Unit Rent Includes: Water
  • Unit Type Unit Rooms: 5
  • Unit Type Baths Total: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Unit Equipment: Dishwasher,Disposal,Range/Oven,Refrigerator
  • Unit Type Unit Rent Includes: Water
  • Unit Type Unit Rooms: 4
  • Unit Type Unit SQFT: 609
  • Unit Type Baths Total: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 4
Rental
Rent Information
  • Current Occupancy Rate: Under 80%
  • Deposit: Alliance Title
  • Existing Lease Terms: One Year Lease
  • Security Features: Smoke Detector(s)

Property History for 301 North 3rd 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 301 North 3rd Street

Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories1Lot Size14,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1985CountyLAFAYETTEAPN14-7.0-36-3-002-011.000

Schools near 301 North 3rd Street

This home is within Odessa R-Vii School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mcquerry Elementary School
PublicPK to 2

Odessa Upper Elementary School
Public3 to 5

Odessa Middle School
Public6 to 8

Odessa 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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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 Keller Williams Southland

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.