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Rockaway Beach, MO 65740,203 Recreation AVE
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Rockaway Beach, MO 65740,203 Recreation AVE
Rockaway Beach, MO 65740,203 Recreation AVE
Rockaway Beach, MO 65740,203 Recreation AVE
Rockaway Beach, MO 65740,203 Recreation AVE
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Kathy & Gary Clark

Kathy & Gary Clark

+1(417) 230-7253
$ 425,000
Est. payment /mo
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Pending

203 Recreation AVE Rockaway Beach, MO 65740

0.46 Acres Lot

UPDATED:

Key Details

Property Type Residential for Sale

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Subdivision Rockaway Beach

MLS Listing ID SOM60293195

Originating Board somo

Year Built 1940

Annual Tax Amount $1,003

Tax Year 2024

Lot Size 0.460 Acres

Acres 0.46

Lot Dimensions 200X100

Property Sub-Type Other

Property Description

8-unit rental property in Rockaway Beach, Missouri. The property includes one 3-bedroom/2-bath house, one 3-bedroom/1-bath unit, four 2-bedroom/1-bath units, and two 1-bedroom/1-bath units. All units are currently rented with long-term leases in place, bringing in a total of $7,485 per month. Tons of updates/remodels have been made in recent years, and there is room for more improvements that could increase rental income and value. With a solid cap rate based on current income, the property also has potential for higher returns if converted to short-term rentals. Located near Lake Taneycomo, this is a strong investment opportunity with steady cash flow!

Location

State MO

County Taney

Zoning Motel/ Multi-fa

Direction From US-65 N in Branson, exit onto MO-76 E toward Forsyth. Follow MO-76 E about 4.5 miles. Turn left onto MO-176 N toward Rockaway Beach. Stay on MO-176 N about 3 miles. Turn right onto Lake Street, then immediately left onto Recreation Ave. 203 Recreation Ave will be on your left.

Interior

Interior Features Carpet, Formal Living, Fenced Area

Heating Base Board, Space Heater

Cooling Window Unit(s)

Fireplace No

Appliance Range, Refrigerator, Microwave

Heat Source Base Board, Space Heater

Exterior

Parking Features 1 per Unit

Utilities Available Sewer Available, Electricity Available

Waterfront Description View

Roof Type Composition,Asphalt

Street Surface Asphalt

Building

Structure Type Vinyl Siding,Frame

Schools

Elementary Schools Forsyth

Middle Schools Forsyth

High Schools Forsyth

Others

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Listed by Robert Blitch Keller Williams
agent

Kathy & Gary Clark

Agent | License ID: 1999078242

+1(417) 230-7253

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203 Recreation AVE