707 Gibbs Street 1b, Mt Vernon, MO 65712 (MLS# 60212882)

707 Gibbs Street 1b, Mt Vernon, MO 65712

$1,500,000

Property Type: MultiFamily Lot Size (sq. ft.): 30,056 Status: Closed

Current Price: $1,500,000 List Date: 3/22/2022 Last Modified: 6/01/2022

Overview

Description

Check out these beautifully built duplexes! 8 of them! The first phase of these townhouse style duplexes were built in 2004 and the other 8 units in 2014. 8 units are 1080 sq ft, with a downstairs kitchen and living space, 2 bedrooms, 1 1/2 bath and 2 car Carport! 8 more of the units are 1180 sq ft, with 3 Bedrooms AND a 520 sq ft walk out basement! All buildings have a new roof, and every unit is painted, repaired and like new each time it is prepped for a new tenant. Owner is the original builder/owner and has records of every time appliances were replaced, etc. Electric and Cable paid by tenant. Water, Sewer, Trash and Lawncare included in rent. There are 8 2BR units that rent for $600 and 8 3 BR units that rent for $750 per month.

Listing Details MLS# 60212882

Contract Information

Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2022-03-21
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 707
Street Name/Route: Gibbs
Suffix: Street
Unit #: 1b
County: Lawrence
State/Province: MO
Zip Code: 65712
Subdivision: N/A
Parcel ID: 087025000000027005
Real Estate Tax: 5453.5
Tax Year: 2020
Legal Description: BEG 1926.06'W OF SE COR OF SEC 25, THEN W200' N150' E200' S150' TO POB
Zoning: Multi Family

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 2004
Total Monthly Rent: 18000
Number of Units: Yes
Aprx Lot Size (Acres): 0.69
Lot Dimensions: Acres
Garage/Carport: Yes
Total Garage/Carport Stalls: 32
# Attached Carport Spaces: 32
Elementary School: Mt Vernon
Middle School: Mt Vernon
High School: Mt Vernon
Waterfront/View: None
Lake/River: None
# Attached Garage Spaces: 0
# Detached Garage Spaces: 0
# Detached Carport Spaces: 0

Remarks Misc

Directions: Mt Vernon Boulevard to 39, go north. Go to Gibbs and turn left (West) to 707

Status Change Info

Under Contract Date: 2022-03-27
Sold Date: 2022-05-31
Price Disclosed: No

Two Bed Units

Two Bed $: Over $450
Two Bed SqFt: Over 1,000 SqFt

More Information

Three Bedroom Units

Three Bed $: Over $400
Three Bed SqFt: 1,501 - 2,000 SqFt

Location, Tax and Other Information

Inside City Limits: Yes

How to Show

Call Listing Agent: Yes

Views

City: Yes

Unit Features

All Units: Yes
Washer/Dryer Hookup: Yes

Amenities

Playground: Yes

Construction

Vinyl Siding: Yes

Utilities

Electricity: Yes
High Speed Internet Access: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Cooling

Central: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Refrigerator: Yes

Baths

1 1/2 Per Unit: Yes

Heating

Forced Air: Yes

Parking

Two or More: Yes

Roofing Material

Composition: Yes

Possession

At Closing: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

Four or More Buildings: Yes

Streets

Asphalt: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Type of Tenancy

Monthly: Yes

Yearly Net Oper Inc

Over $25,000: Yes

Deposits

Deposit Required: Yes

Property Features

How to Show: Call Listing Agent Unit Features: All Units; Washer/Dryer Hookup Amenities: Playground Baths: 1 1/2 Per Unit Appliances: Dishwasher; Disposal; Refrigerator Cooling: Central Heating: Forced Air Buildings: Four or More Buildings Construction: Vinyl Siding Roofing Material: Composition Parking: Two or More Streets: Asphalt Water: City Water Sewer: City Sewer Utilities: Electricity; High Speed Internet Access; Sewer; Trash; Water Type of Tenancy: Monthly Yearly Net Oper Inc: Over $25,000 Possession: At Closing Will Sell: Cash; Conventional Deposits: Deposit Required

Listing Office: The Firm Real Estate, LLC

Last Updated: June - 01 - 2022

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