Investment Opportunity with Room to Grow! Here's your chance to own a well-maintained income-producing property with built-in expansion potential! Located just outside of Princeton, Missouri, along Highway 136, this unique investment package includes: Two 10-plex apartment buildings Two 2-bedroom, 1-bath ranch-style homes One 1-bedroom, 1-bath ranch-style home Situated on approximately 8 acres, the property offers plenty of parking, open green space, and a peaceful setting that tenants appreciate. All units are all-electric with reasonable utilities. The opportunity doesn't stop there-utilities are already stubbed for three additional homes, providing excellent potential for future expansion and increased rental income. Whether you're looking to expand your portfolio or step into a turnkey multifamily investment, this property offers a rare combination of steady income, ample space, and future growth potential in a convenient North Missouri location. Income-producing properties with expansion opportunities like this don't come along often-schedule your private tour today!
| MLS # | 2626816 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1996 |
| Days On Site | 138 |
| Listing Provided By | RE/MAX Town and Country | Anita Riley |
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 23 |
| Zoning | Res |
| Acreage | 8.00 |
| Property | 9037 |
|---|
| State | MO |
|---|---|
| County | Mercer |
| City | Princeton |
| Zip Code | 64673 |
| Area | 109 East of I 35 & North of Hwy 92 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,700,000 low | high Med: $265,000 On site: 138 low | high Med: 91.5 | |
| State | MO |
|---|---|
| County | Mercer |
| City | Princeton |
| Zip Code | 64673 |
| Area | 109 East of I 35 & North of Hwy 92 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,700,000 low | high Med: $265,000 On site: 138 low | high Med: 91.5 | |