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18800 2nd AVE, Wheatland, MO 65779
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18800 2nd AVE, Wheatland, MO 65779
18800 2nd AVE, Wheatland, MO 65779
18800 2nd AVE, Wheatland, MO 65779
18800 2nd AVE, Wheatland, MO 65779
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Kathy & Gary Clark

Kathy & Gary Clark

+1(417) 230-7253
$ 40,000
Est. payment /mo
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Price Dropped by $10K

18800 2nd AVE Wheatland, MO 65779

1 Bath

0.35 Acres Lot

UPDATED:

Key Details

Property Type Residential for Sale

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Hickory-Not In List

MLS Listing ID SOM60325877

Construction Status No

Year Built 1970

Annual Tax Amount $91

Tax Year 2023

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Other

Source somo

Property Description

2 Houses. 1 Price. And a whole lot of upside.Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here.Two mobile homes selling together for just $40,000 on a corner lot, with an additional third utility hookup already in place for another mobile home or camper.One home is currently rented to a long-term tenant at $300/month, and the other was recently vacant after bringing in $300/month. That's $600/month in gross rental potential from the existing homes, with even more upside if you add a third unit or camper to the extra hookup. $600/month current gross income potential Third hookup ready for another home or RV/camper Strong cap rate at the asking price Value-add opportunity through updates and rent increases Long-term tenant already in place Corner lot with added flexibility Close to Lucas Oil Speedway and Pomme de Terre LakeWhether you're looking for your first investment property or another addition to your portfolio, deals under $50,000 with existing income and expansion potential are getting harder to find.Not flashy. Not fancy. Just the kind of property investors quietly buy while everybody else is chasing the next shiny thing.Give me a call before somebody else runs the numbers.

Location

State MO

County Hickory

Zoning ~

Direction 54 West to Clark Street South to Property on Left

Interior

Heating Other

Cooling Window Unit(s)

Fireplace No

Heat Source Other

Exterior

Utilities Available Electricity Available, Sewer Available, High Speed Internet

Waterfront Description None

Roof Type Metal

Street Surface Asphalt

Building

Sewer Public Sewer

Water City

Structure Type Metal

Construction Status No

Schools

Elementary Schools Wheatland

Middle Schools Wheatland

High Schools Wheatland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Nicholas Lemuel Henderson Akins Realty

Nearby Locations

Kathy & Gary Clark

Kathy & Gary Clark

Agent | License ID: 1999078242

+1(417) 230-7253

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18800 2nd AVE